Major European indices are looking for a higher finish to the week. European Central Bank policymaker Centeno said that inflation is expected to remain high this year and that policymakers should not overreact when normalizing policy. Meanwhile, ECB Vice President de Guindos said that second order effects from inflation would be key and have yet to be seen. Turkey is reportedly opposed to admitting Finland or Sweden into NATO.
STOXX Europe 600: +1.6% (+0.3% week-to-date)
Germany’s DAX: +1.6% (+2.2% week-to-date)
U.K.’s FTSE 100: +1.8% (-0.4% week-to-date)
France’s CAC 40: +1.9% (+1.0% week-to-date)
Italy’s FTSE MIB: +1.5% (+1.8% week-to-date)
Spain’s IBEX 35: +1.2% (-0.3% week-to-date)