Reply To: Traders Market Weekly: Bear Jitters as Risk Factors Deepen

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Truman
Participant

Major European indices trade near their flat lines while Germany’s DAX (-0.6%) underperforms.

Finland’s president officially applied for NATO accession while Sweden’s government is expected to do the same despite reports of opposition from Turkey.
The EU Commission’s spring forecast lowered the 2022 growth outlook for the eurozone to 2.7% from 4.0% and raised the inflation forecast to 6.1% from 3.5%.
European Central Bank policymaker De Cos said that the next ECB meeting is likely to produce a decision to end asset purchases in July, followed by a rate hike.

STOXX Europe 600: -0.1%
Germany’s DAX: -0.6%
U.K.’s FTSE 100: +0.2%
France’s CAC 40: -0.2%
Italy’s FTSE MIB: +0.3%
Spain’s IBEX 35: +0.3%