The main European indices show small fluctuations and downward trends at the beginning of the trading week, with the eyes of investors focused on Ukraine.
In particular, the pan-European Stoxx 50 index is moving with losses of 0.43% at 3,901 points, the German DAX is at 14,386 points with a fall of 0.4%, as well as the French CAC 40 which is down 0.3% moving to 6,555 points.
The British FTSE 100 is trying to differentiate itself from the general climate and is trading with a slight increase of 0.16% to 7,550 points, however the European region is following a downward trend, where in Italy the FTSE MIB shows losses of 0.46% to 6,683 points, as well as the IBEX 35 in Spain falling 0.45% to 8,465 points.
Investors’ attention remains focused on the Ukraine war, which has shown that it has given direction to world markets lately.
Despite signs of some convergence between Moscow and Kiev last week, Russian bombings continue unabated, and images of the Ukrainian city of Butsa that have come to light have sparked a worldwide outcry over war crimes by Russian forces.
On the other hand, with the energy crisis threatening growth in Europe as a whole, oil prices are showing some stabilization trends in the $ 100-105 range, with Biden deciding to release 1 million barrels of crude a day last week.
US futures (Dow Jones at -0.14%) are also showing marginally declining trends, while earlier in Asia the majority of indices moved upwards, with Hang Seng in Hong Kong leading the gains by boosting his jump technological industry.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
