The main European indices started the week with positive signs and gains exceeding 2%, as the possibility of diplomatic progress in Ukraine seems to strengthen the risk-taking mood.
In particular, the pan-European Stoxx rose 0.9% to 434 points, with the car industry jumping 4% while raw material companies falling more than 2%.
Elsewhere in Europe, the German DAX is up 2.05% at 13,907 points, the French CAC 40 is up 0.65% at 6,300 points and the British FTSE 100 is up slightly. 2% at 7,169 points.
The climate is similar in the markets of the region, where in Italy the FTSE MIB is moving with gains of 1.05% to 23,284 units, while the IBEX 35 in Spain is up 1.5% and is at 8,262 units.
Investors’ attention remains on Ukraine, where after a weekend of intense fighting, with Russian forces bombing a number of cities, Moscow and Kyiv are returning to the negotiating table amid reports of progress in the talks.
For the rest of the market monitoring, the Fed is meeting on Wednesday and is expected to announce an increase in its interest rates, by 25 basis points, from zero where they were due to a pandemic.
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