European shares rise as eyes fall on ECB 

It is expected ECB will ease borrowing costs by 25 basis points from the current record level of 4%

Investors are focused on the European Central Bank’s key rate decision on Thursday.

European shares gained, led by technology stocks including Dutch semiconductor equipment maker ASML, with focus shifting to the European Central Bank’s key rate decision on Thursday.

The pan-European Stoxx 600 closed 0.8% higher after falling around 0.5% in the last session, with the technology sector leading the charge with a 3.7% gain, its best single-day performance in over four months.