Banco Santander SA Chief Executive Officer Alfredo Saenz and Chairman Emilio Botin may be grilled by investors over the next two days on whether Spain’s biggest bank needs more capital as a surge in bad loans curbs profit.
Stocks in Switzerland, up the most in 15 months last week, may extend gains as investors speculate the country’s drug- and foodmakers will boost earnings even after the franc reached a record high.
European stocks fell from a six-year high as companies including Deutsche Lufthansa AG and Vallourec SA cut their profit forecasts.
Copper rebounded after sliding into a bear market, gold rose and European stocks climbed for a fourth day on speculation central banks will ease monetary policy. U.S. shares ended little changed.
European stocks rose, extending their highest level since June 2008, after the Bank of England raised its growth forecast for Europe’s third-biggest economy.
"The scale of Lufthansa's cuts suggests that only a part of it is about the Venezuelan bolivar, and is probably a wider economic comment."
- Andrea Williams on Jun 11, 2014