Reply To: Traders Market Weekly: Inflation and Bank Earnings

#50690
Truman
Participant

Major European indices are sporting some nice-sized gains in Wednesday’s trade, driven by hopes of a soft-landing scenario that have been forged on the back of some relatively pleasing December Services PMI reports for the eurozone, encouraging inflation data out of France and Germany, and the relief of plummeting natural gas prices.

—Equity Markets—

STOXX Europe 600: +1.2%
Germany’s DAX: +1.3%
U.K.’s FTSE 100: +0.3%
France’s CAC 40: +2.0%
Italy’s FTSE MIB: +1.9%
Spain’s IBEX 35: +1.7%