European stock markets are moving positively on Friday after Thursday’s slump, following gains in Wall Street and Asia and while investors continue to watch the Russian invasion of Ukraine.
Moscow has led its forces to the outskirts of Kiev after continuous bombardment of cities and military bases and the sending of troops and tanks from three sides to Ukraine in an attack that rewrites the European and global security strategy.
Announcements of successive sanctions packages from the West have not shown any impact on the ground as Russian forces continue to invade inside Ukraine.
US President Joe Biden has vowed that the cost to Russia’s economy will be “very high”, effectively undermining the country’s ability to trade foreign currency. Russia’s goal in the European financial sector and to limit key technologies.
On the board, the pan-European STOXX 600 index strengthens 0.7% to 442.14 points.
The German DAX gained 0.2% to 14,078.74 points, the French CAC 40 rose 0.7% to 6,564.82 points, while the British FTSE 100 rose 1.1% to 7,287.42 points.
In the region, the Italian FTSE MIB gained 0.35%, while the Spanish IBEX 35 rose 0.5%.
Source: Capital
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