European stock markets, excluding the UK, completed the third trading day of the week with an increase.
Shares of automotive companies gained 2.3 percent during the day, while inflation data in Germany and Spain were below market expectations, which positively affected European markets.
Increasing expectations that interest rate cuts may start next year following the data showing that demand in the US is slowing down and the statements of the US Federal Reserve (Fed) officials supported the buying-weighted course in bond markets.
Data released in the US revealed that the steps taken by the Fed to fight inflation continued to slow down demand.