Europe shares reverse losses, Bunds rise on Bernanke speech
LONDON May 22 (Reuters) - European shares reversed losses while German Bund futures hit session highs on Wednesday after U.S. Federal Reserve Chairman Ben Bernanke gave no hint of tapering off central bank stimulus in his congressional testimony.
The FTSEurofirst 300 index turned positive and was last up 0.1 percent at 1,254.07 points. Bund futures rose as much as 82 ticks to 145.15 as Bernanke spoke.
- Deadly gun attack in eastern Ukraine shakes fragile Geneva accord |
- Japan expands army footprint for first time in 40 years, risks angering China
- Prosecutors extend Korea ferry captain's detention as death toll mounts |
- Pfizer considers $100 billion bid for AstraZeneca: report
- South Korea recovers first bodies from inside sunken ferry