ECB sees inflation risks, rate cut talk too early vice president
AstraZeneca rises after upbeat outlook
Adyen soars on 39;more realistic39; midterm targets, Q3 beat
Flutter tumbles on dour earnings forecast

Nov 9 Reuters European shares rose on Thursday, boosted by AstraZeneca and Adyen on strong earnings, while markets awaited the Federal Reserve Chair39;s remarks on the monetary policy outlook after European Central Bank officials played down market bets around rate cuts.

The panEuropean STOXX 600 was up 0.2 by 0904 GMT after touching a threeweek high intraday in the prior session.

Markets are once again bracing for Powell39;s remarks, scheduled for 1900 GMT, a day after he refrained from commenting on interest rates.

Powell is quite comfortable with the message already sent ratehiking cycle has likely come to an end but that talk of cuts is premature, said Stuart Cole, head macro economist at Equiti Capital.

ECB policymakers on Wednesday said further progress is needed to tame inflation, while Vice President Luis de Guindos in an interview on Thursday said it is premature to discuss rate cuts amid lingering risks to the inflation outlook.

Bank of England Chief Economist Huw Pill also noted the central bank needed to maintain a restrictive stance for monetary policy, a day after Governor Andrew Bailey pushed back against discussions on rate cuts.

One clear takeaway is that nothing is expected until at least the middle of next year; the question is whether…