Stocks Advance Ahead of Microsoft, Central Banks – Europe Market Wrap

US equities were poised to continue their gains as traders braced for a slew of economic data releases, US tech results, and central bank decisions that will shape the market’s future.

Futures contracts for the S&P 500 and Nasdaq 100 climbed 0.2% on Tuesday, while the dollar and Treasury yields remained unchanged.

Europe’s Stoxx 600 index rose 0.5% after the eurozone economy expanded faster than predicted in the second quarter, easing concerns about the pace of economic recovery.

In Japan, the yen fell against all of its Group-of-10 peers as the BOJ began a two-day policy meeting, fuelling expectations that policy tightening would be too gradual to reduce the appeal of yen-funded carry bets.