Major European indices trade on a mixed note while Italy’s MIB (-0.6%) underperforms.
G7 leaders are expected to announce a ban on imports of Russian gold and are also planning to cap the price of Russian oil.
French Finance Minister Le Maire said that rent increases in France will be limited to 3.5% for a year.
The British parliament will vote on a plan to override elements of the Northern Ireland protocol later today.
STOXX Europe 600: +0.4%
Germany’s DAX: +0.6%
U.K.’s FTSE 100: +0.5%
France’s CAC 40: -0.2%
Italy’s FTSE MIB: -0.6%
Spain’s IBEX 35: -0.2%