News Analysis: European markets recover as inflation, energy, euro worries ease

ROME, Oct. 7 (Xinhua) -- European markets broadly recovered from recent declines this week as the euro changed tack and gained ground against the U.S. dollar. Analysts say that diminishing concerns over the challenges currently facing European markets, such as inflation and energy worries, have been priced into valuations.

Though major European Union (EU) stock exchanges -- Frankfurt, Madrid, Milan, and Paris -- were down in trading Friday, they were all in positive territory for the week. These were the first broad weekly gains for the main EU exchanges in a month.