Reply To: Traders Market Weekly: Memorial Weekend a Time for Reflection

#37425
Truman
Participant

Major European indices trade in the green, though overall activity has been reduced due to the Ascension Day holiday.

British Chancellor of the Exchequer is expected to announce measures to support households struggling with high energy bills. The U.K. will implement a “temporary, targeted” 25% tax on excess oil and gas profits. The Central Bank of Russia lowered its bank rate by 300 bps to 11.0%.

—Equity Markets—

STOXX Europe 600: +0.2%
Germany’s DAX: +0.9%
U.K.’s FTSE 100: +0.1%
France’s CAC 40: +0.8%
Italy’s FTSE MIB: +0.4%
Spain’s IBEX 35: +1.0%