The Euro STOXX rose 0.3% and Germany’s DAX gained 0.4% while French shares eked out a similar gain.
The euro was little moved after French President Emmanuel Macron lost control of the National Assembly.
A series of central bank hikes last week, including a surprise move by the Swiss National Bank, will be followed by more tightening as policymakers try to tame inflation.
Markets still digesting the re-pricing of Fed rate expectations, and global risk assets may struggle to show any sustainable rebound for now. The yen remained under broad pressure as the Bank of Japan stuck doggedly to its super-easy policies.
The dollar was last down slightly at 134.64 yen, having reached its highest since 1998 against the Japanese currency last week. Bitcoin slipped 1% to $20,438, having bounced sharply over the weekend amid talk of a single large buyer.
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