GLOBAL MARKETS-European stocks rise, dollar climbs as Fed rate path pondered
European stocks rose on Wednesday, boosted by company earnings, while U.S. futures were flat and the dollar climbed as investors assessed the signals on the path for Federal Reserve interest rates. The yen fell even with the threat of currency intervention from Japanese authorities to support it. Global stocks fell sharply in April as strong U.S. economic data caused investors to rein in their bets on rate cuts from the Fed and, by extension, other major central banks this year.