European Closes: Euro Stoxx 50 +1.32% at 5,983, Dax 40 +1.23% at 24,034, FTSE 100 +0.25% at 10,609, CAC 40 +1.12% at 8,328, FTSE MIB +1.36% at 48,176, IBEX 35 +1.46% at 18,286, PSI +0.03% at 9,362, SMI +0.93% at 13,268, AEX +0.75% at 1,020
European equity markets closed positively today, with significant gains across major indices.
US sells 1-year bills at a high rate of 3.560%, B/C 3.21x; sells 6-week bills at a high rate of 3.630%, B/C 3.04x
Citi (C) CEO says is only focused on organic growth, period, end of story; Q1 is always strongest, will keep target of ROTCE of 10% to 11% despite higher return in Q1
European Closes: Euro Stoxx 50 +1.32% at 5,983, Dax 40 +1.23% at 24,034, FTSE 100 +0.25% at 10,609, CAC 40 +1.12% at 8,328, FTSE MIB +1.36% at 48,176, IBEX 35 +1.46% at 18,286, PSI +0.03% at 9,362, SMI +0.93% at 13,268, AEX +0.75% at 1,020
Iran-linked ships seized by the US military as part of its blockade of Iranian ports will be taken to a holding area in the Arabian Sea or Indian Ocean, while a permanent location is worked out, WSJ reports citing two American officials
Renault (RNO FP) spokesperson says to cut 15-20% of engineering staff over the next two years
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The Euro Stoxx 50 led the charge, indicating market optimism, potentially driven by favorable economic data or improved investor sentiment. This broader rally might suggest a shift in risk appetite as we head into the US session, impacting related asset classes like FX and commodities.
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