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

#37853
Truman
Participant

Major European indices trade in the green while the U.K.’s FTSE is closed for a Bank Holiday and will be also closed tomorrow.

There has been continued uncertainty about the size of the European Central Bank’s initial rate hike. British Prime Minister Johnson will reportedly postpone a cabinet reshuffle that was expected in the summer. Bank of England Deputy Governor Cunliffe said that he is seeing signs of a slowdown in the housing market.

—Equity Markets—

STOXX Europe 600: UNCH
Germany’s DAX: UNCH
U.K.’s FTSE 100: CLOSED
France’s CAC 40: +1.2%
Italy’s FTSE MIB: UNCH
Spain’s IBEX 35: +0.2%