European Market Briefing: Stocks Rebound as Economic Data Points to Improvement [VIDEO]

IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax

By Martin Baccardax: Subscribe to Martin's | February 5, 2013 11:22 AM GMT

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European shares recovered some of Monday's steep losses after two private surveys of economic activity around the region and in the United Kingdom suggest a modest recovery for the first quarter of this year.

Britain's FTSE 100 was also supported by stronger-than-expected earnings from BP, Europe's second biggest oil company, which helped the index retrace some of its triple-digit losses from Monday.

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