European Stocks Firm Despite Anxiety Over Fed

European stocks remained firm on Monday, betting on monetary policy forbearance by central banks till firmer economic rebound was in place and thus allowing benchmark indexes to tread higher than Friday's levels. European Central Bank President's comments on continuance of stimulus till economic recovery proved sustainable supported the rally, despite the impending review of Federal Funds Rate by U.S FOMC later in the week. Market sentiment was also supported as Eurozone Industrial Production for April recorded 39.3 percent growth as against the forecast of 37.4 percent.