Convincing rise in the European markets with further impetus from the USA

With buyers counterattacking in the last hours after the Wall Street opening signal opened, the major European indices ended their trades with significant gains, completing the second consecutive trading day and fourth in the last five.

In particular, the pan-European index Stoxx 600 closed on 437.71 points on the rise 0.78%while the performance of its high capitalization was significantly better Stoxx 50 who made the jump 1.76% at 3,741 units.

In the individual European dashboards, the German DAX made gains 1.6% concluding on 14,231 unitsthe French CAC 40 strengthened by 1.78% at 6,410 unitswhile the British FTSE 100 followed at a slower pace in + 0.58% and 7,581 units.

The picture was similar in the region, where in Italy the FTSE MIB rose 1.22% closing on 24,546 units, as well as IBEX 35 in Spain which completed its trading on 8,888 units with + 1.5%.

The investment climate has improved significantly since last night, when the minutes of the Fed meeting in May were published, which showed the determination of the officials of the most powerful central bank in the world to tame unbridled inflation, even if they need to increase more than as long as markets expect.

In particular, as the minutes showed, the Fed officials confirmed their intention to raise interest rates by 50 bp. in the next two meetings as expected, but left open the margin for further corresponding moves in the meetings that will follow if deemed necessary.

Elsewhere, with US retailers staying extremely strong in the US despite rampant inflation, British retail giants Ocado and Zalando topped the Stoxx 600 with jumps of 11.5% and 10.2% respectively.

Carnival and Delivery Hero moved closer with an increase of 9.2% each, while Marks & Spencer and Just Eat Takeaway.com strengthened by 7.9%.

In contrast, the British energy company Centrica came under significant pressure with its title closing at -7.2%, United Utilities Group losing 6.6% and Fastighets AB Balder 5.2%.