Eurozone set for a steady recovery

In terms of European company results dates, it has been fairly quiet lately. First-quarter results are behind us and it will be some time before we know how companies have fared in the second quarter. Usually, this is a time for stock markets to set aside any immediate worries over current business conditions and to focus upon the possibility of a more promising future. But the old adage of no news being good news is certainly not tempting investors back at present. Institutions appear happy to remain on the sidelines, leading to low stock market turnover and high volatility across the...