Reply To: Traders Market Weekly: Independence, Precious and Formative


Major European indices trade on a firmly higher note.

European Central Bank President Lagarde repeated that the ECB is planning a 25-bps rate hike in July, followed by another hike in September. The ECB is reportedly working on a scheme to cap the borrowing costs of highly indebted countries. The U.K.’s House of Commons voted in favor of overriding elements of the Northern Ireland protocol.

STOXX Europe 600: +0.6%
Germany’s DAX: +0.7%
U.K.’s FTSE 100: +1.2%
France’s CAC 40: +1.1%
Italy’s FTSE MIB: +1.1%
Spain’s IBEX 35: +1.3%