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EUROPE MARKETS: Europe Stocks Key Off Asia Gains; Banks Rally

European stock markets posted solid gains on Tuesday, with banks in the driver's seat, as investors took inspiration from Asia, where a weaker yen spurred a rally for exporters.The Stoxx Europe 600 index climbed 1.2% to 308.07, adding to a 0.3% gain from Monday.Shares of GlaxoSmithKline PLC (GSK) put on 2.2%, after Deutsche Bank lifted the drug maker to buy from hold, saying upcoming regulatory decisions are likely to be positive and that the pipeline looks promising.Another drug firm, Novo Nordisk AS (NVO) added 0.8%, after Deutsche Bank lifted it to hold from sell.Banks also posted some of the biggest advances, with shares of HSBC Holdings PLC (HBC) up 2.4% in London, Banco Santander SA (SAN) 3% higher in Madrid and BNP Paribas SA rising 2.8% in Paris.For the broader European stock markets investors were inspired by gains in Asia, where Japanese exporters got a lift from a weaker yen. The dollar (USDJPY) bought Yen102.037, up from Yen101.09 late Monday.Later in the session, attention...

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  1. LONDON MARKETS: U.K.'s FTSE 100 Rallies, Boosted By Banks, GSK

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