European Markets Rally On Fed's Hawkish Inflation Tone

European markets rallied after the U.S. Fed's tough talk on inflation and a large interest rate hike at the next policy meeting eased inflation worries. German industrial production growth slowed in May.

European Movers: Abrdn, EDF, Evotec, Just Eat, Trainline

Oil complex stocks gained after natural gas prices rebounded after Norwegian oil and gas workers returned to work for now. France plans to nationalize its largest utility company as losses mount.

Anglo American Lifts Production Outlook, Euronext to Buy Oslo Exchange

Anglo American lifted fiscal 2019 production forecast in Brazil after winning the regulatory approval for production expansion. Euronext intends to acquire Oslo stock exchange. Playtech declined after new Italian tax on gambling may reduce its fiscal operating profit.

LVMH Agrees to Buy Belmond for $3.2 B, Balfour Beatty, GVC, Scout24 Jump

Balfour Beatty forecasted profits may beat expectations. LVMH agreed to acquire luxury hotels operator Belmond for $3.2 billion. Scout24 explore to take it private. SThree forecasted gross profit to jump 12%.