European Stocks Rebound to End Five Day Losing Streak

The European stock market saw a recovery with a 1.2% rise after a series of losses. Inditex reported a strong first quarter, while H&M's sales were below expectations. Schneider Electric's attempt to acquire Aviva failed due to high integration costs. The pound-dollar exchange rate experienced significant volatility, reaching levels not seen since 2008, but market stress indicators have calmed as the UK referendum approaches.

What was the percentage increase in the European stock 600 after five days of losses?

• 1.2%

• 0.8%

• 2.5%

• 3.0%

Which retailer reported a first-quarter profit that exceeded expectations?

• H&M

• Zara

• Inditex

• Primark

What was the main reason for the failure of Schneider Electric's merger attempt with Aviva?

• Lack of interest

• Market competition

• High integration costs

• Regulatory issues

How did the pound-dollar implied volatility change recently?

• It increased for the first time in six days

• It decreased for the first time in six days

• It reached its lowest level since 2008

• It remained stable

What is the significance of the current implied volatility trend?

• It is the longest stretch since February

• It is the longest stretch since November

• It is the shortest stretch since February

• It has no significant trend