feb 1  welcome to the home for realtime coverage of markets brought to you by reuters reporters you can share your thoughts with us at marketsresearchthomsonreuterscom european stocks are trading higher with all the top regional bourses in positive territory rebounding from a gloomy january after some optimism from the us boosted global equities us inflationary pressures should ease in 2022 due to weaker demand for goods easing supply bottlenecks and a receding coronavirus pandemic a us treasurys top economist said read more after hitting its worst month since late2020 the paneuropean stoxx 600 stoxx index has jumped to a 12day high up 12 with financial services sxfp tech sx8p and basic resources sxpp leading the gains all up between 25 and 2 in terms of single stocks swiss bank ubs ubsgs is the top performer with shares up 6 after posting its best annual profit since 2006 read more betting on a very unlikely ecb rate move 0820 gmt reserve bank of australia governor philip lowe stood firm on tuesday against markets pricing several interest rate rises this year showing he was adamant that rates would not rise until inflation is sustainably within the target range that hasnt shaken markets conviction any with a rba rate rise priced for as early as may a similar drama may play out in europe where markets are wagering the european central bank will raise interest rates by 10 basis points almost three times this year bets are starting to be placed in fact on a july move as well to quote ecb boss christine lagarde a 2022 rate rise does seem very unlikely thats what she said last month but since then she will have watched robust q4 economic readings trickle in including german annual inflation on monday at 49 chances are euro area price growth will overrun the ecbs 32 average forecast for this year with ecb rate rise bets piling up and fourfive fed rate hikes discounted already for 2022 the euro bounced off 19month lows against the greenback and german bond yields rose to the highest since 2019 if jobs data later on tuesday shows wage pressures on the rise lagarde will like lowe find herself battling markets at the feb 3 ecb meeting meanwhile is it time to call time on the equity selloff on the last day of january global stocks managed a 17 rebound led by a 35 jump in the nasdaq for now a firmer session appears to lie ahead in europe good news continues to trickle in on the earnings front with ubs the latest bank to post forecastbeating profits and a bumper buyback programme key developments that should provide more direction to markets on tuesday uk house prices post strongest start to year since 2005 nationwide read more european futures are on the rise pointing for a opening in the black for bourses across the region after us shares climbed higher amid new optimism from the treasurys top economist in a statement released alongside the treasurys quarterly borrowing estimates assistant secretary for economic policy ben harris said that inflationary pressures should ease in 2022 due to weaker demand for goods easing supply bottlenecks and a receding coronavirus pandemic read more european stoxx and dax futures are rising 13 and 11 respectively ftse futures are 08 up that brings some relief to investors after concerns over policy tightening inflation and geopolitical tensions saw the stoxx 600 mark its worst month since late2020