Euro Markets: Recovery with an Eye on Oil and Central Banks
4 Articles
4 Articles
The European Stock Exchanges closed this Monday (26) at a high level, sustained by the relief in oil prices and interest on European sovereign securities, especially in France, after Moodys had breached market expectations and maintained the country's level of investment on Friday (23). Economic data better than expected in Germany also contributed to the positive trend in indices, while investors await the monetary policy decisions of the Feder…
European stock markets closed the first trading day of the week higher; the Stoxx Europe 600 rose 0.77 percent to 640.66 points. Falling oil prices and improved business confidence in Germany supported the markets.
European markets managed to recover on Monday, after a week with the worst performance since early September.
Leading European stock markets closed higher on Monday after trading lower on Friday, with the broad Stoxx 600 index up 0.8 percent.
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