Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#39817
Truman
Participant

Major European indices trade in the green.

British Prime Minister Johnson is expected to announce his resignation as Conservative party leader with a plan to vacate the prime minister post in the fall.
House prices in the U.K. increased for the 12th consecutive month in June, matching the highest annual pace since 2004.
France will nationalize electricity provider EDF.

—Equity Markets—

STOXX Europe 600: +1.5%
Germany’s DAX: +1.9%
U.K.’s FTSE 100: +1.3%
France’s CAC 40: +1.7%
Italy’s FTSE MIB: +2.3%
Spain’s IBEX 35: +1.8%