European stock markets soared

European stock markets started the day with buyers ahead of the intense data agenda.

After the opening, the Stoxx Europe 600 index increased by 0.38 percent to 438.9 points, and the DAX 40 index in Germany rose by 0.51 percent to 14,429 points.


In the UK, the FTSE 100 index rose by 0.56 percent to 7,554 points, in France the CAC 40 index increased by 0.54 percent to 6,705 points, the IBEX 35 index in Spain was 8,358 points with a premium of 0.44 percent, and the MIB 30 index in Italy was 0 percent. It is at 24,597 points with a gain of .54.

The euro/dollar parity, which closed the day at 1.0330 with a decrease of 0.1 percent yesterday, is currently trading at 1.0360, 0.3 percent above its previous close.

Analysts said that before the speech of the US Federal Reserve Chairman Jerome Powell at the Brooking Institution today, a cautious course was followed in the global equity markets.

Reminding that inflation continues to be the number one agenda item in Europe, analysts said that the data announced yesterday in Germany indicated that inflation slowed down after a long time.

In Germany, the Consumer Price Index (CPI) decreased by 0.5 percent monthly in November and increased by 10 percent on an annual basis. Expectations were for the CPI to increase by 10.3 percent annually in November.


Analysts stated that today the intense data agenda, especially inflation in the Euro Zone and growth in the USA, will be followed, and noted that the news flow about the protests in China is also in the focus of investors.



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