European stocks rise on lower oil and yields ahead of central bank meetings

European stock markets rose Monday, supported by falling government bond yields and lower oil prices, as investors looked ahead to central bank meetings. The technology sector remained under pressure ahead of quarterly results from Microsoft, Alphabet, and Amazon. The FTSE MIB in Milan gained ground in line with other major continental indices, with Avio, Stellantis, and Ferrari performing well, while Recordati and oil stocks were weak. Markets anticipate the Federal Reserve will hold rates steady on Wednesday, followed by the European Central Bank on Thursday and the Bank of Japan on Friday. Brazilian assets are expected to fall sharply after Luiz Inacio Lula da Silva's unexpected presidential election victory, with a Tokyo-listed ETF down 16% and the real under pressure. Oil prices declined on technical correction, with Brent down 1.47% to $115 a barrel, while Tokyo's Nikkei fell 0.8% to its lowest level since late July.