Cautious rise in the European markets with a view to Ukraine

Most European stock markets are moving in a positive direction on Thursday as investors continue to monitor geopolitical tensions in Eastern Europe in the hope that the first signs of de-escalation will be confirmed in the coming weeks.

Despite the Kremlin’s assurances that it is withdrawing troops from the border with Ukraine, Washington insists it sees no evidence to support these allegations in the field. Instead, he accused Moscow of adding another 7,000 troops to the estimated 150,000 already on the Ukrainian border, calling Russia’s claims of a partial withdrawal from the region false.

Investors are also reacting to the latest minutes of the US Federal Reserve monetary policy meeting announced yesterday, which showed that officials are preparing for a more aggressive tightening of their policy if they find that inflation shows no signs of slowing down after the recent 40 rallies. years.

On the board, the pan-European Stoxx 600 index recorded small gains of 0.2% at 468.61 points.

The German DAX gained 0.3% to 15,420.74 points, the British FTSE 100 recorded small losses of 0.07% to 7,598.64 points, while the French CAC-40 gained 0.7% to 7,008.42 points.

In the periphery, the Italian FTSE MIB recorded marginal gains of 0.01%, while the Spanish IBEX-35 lost 0.03%.

Investors, meanwhile, are turning their attention to the latest corporate earnings barrage that includes European economy giants such as Airbus, Nestle, Standard Chartered, Commerzbank and Schneider Electric, among others.

Source: Capital

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