Are European Indices About To Do A U-turn?

FTSE 100 is a stock market index that measures the performance of (UK 100)

DAX is a stock market index that measures the performance (Germany 40)

CAC 40 (California Association of College (France 40)

In Europe, a market rally appeared to be underway yesterday. While the results from last week may have disappointed British and European investors, major indices in the UK, France, and Germany all showed gains at the end of the trading day yesterday.

Europe is being hit by inflation.

The scourge of inflation, which has swept the industrialised globe in recent months, has not spared the Old Continent’s major economies. Consumer prices in the eurozone climbed at an annualised rate of 8.1 percent last month, according to the latest available data.

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