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Stock indices closed higher due to the better-than-expected ZEW consumer confidence from the Eurozone. Germany's ZEW economic sentiment index increased 15.1 in November from -3.6 in October, exceeding expectations for a rise to 0.9.
Eurozone's ZEW economic sentiment index climbed to 11.0 in October from 4.1 in September, beating expectations for a gain to 4.3.
The U.K. consumer price index rose to an annual rate of 1.3% in October from 1.2% in September. Analysts had expected the consumer price inflation to remain unchanged at 1.2%.
Consumer price inflation excluding food, energy, alcohol, and tobacco remained unchanged at 1.5% in October, missing expectations for an increase to 1.6%.
The Bank of England's inflation target is about 2%.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,709.13 +37.16 +0.56%
DAX 9,456.53 +150.18 +1.61%
CAC 40 4,262.38 +36.28 +0.86%
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