EU markets make gains despite a mix of political headlines
- 2 months ago
It has been an interesting day in the Eurozone, Macron is facing another face off with the “yellow vest” protests while weak German data which shows there is some way to go for the EU’s largest economy to steady the ship into full economic recovery.
Over in Britain, Brexit Secretary, Stephen Barclay stated that there were no discussions with EU officials regarding a delayed U.K. exit.
Nevertheless, the markets did make up some ground.
The Stoxx Europe 600 rose by 1.2%, most notably the French CAC 40 which gained 1.6%.
London’s FTSE 100 climbed by 1% while the German DAX 30 surged by 1.1%, brushing aside the not-so-impressive numbers released earlier in the day.
Italy’s borsa, FTSE MIB, also saw gains as it increased by 0.8%.
Source: Smart Trend Team