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Thursday, July 25, 2024

Reboot in Euro markets – Start of the week with a rise

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Last week, European markets fluctuated sharply as investors processed decisions by major central banks

ΕπανεκκΙνηση στιε ;υωγο–νρςεβδμδ&sigmaf ; με Ανοδο

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Euro markets opened today with a positive sign, with the investment world awaiting new data, which may clarify the landscape for the next steps in monetary policy.

The pan-European Stoxx 600 index opened higher 0.26% and all sub-sectors to post gains. Shortly after the opening of sessions, Germany's Dax is up 0.6%, France's CAC is up 0.51%, Italy's FTSE MIB is up 0.74% and England's FTSE 100 is up around 0.36%.

< p>Last week, European markets fluctuated sharply as investors processed decisions by major central banks, as well as key data on Europe's economy. It is recalled that the Swiss central bank decided to reduce interest rates, while England kept them unchanged.

This week the decision is expected from the central bank of Sweden and Turkey. Also, GDP figures for Spain and Italy among others will be announced.

Source: www.kathimerini.com.cy

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