said Craig Erlam, chief market analyst at OANDA "Investors remain optimistic as they await the US inflation report tomorrow, and sentiment remains high thanks to the December jobs report and the prospects for a reduction in increases. interest rates".
Technology stocks, which are affected by the interest rate hike, rose, as the sector index increased today, Wednesday, 1.3 percent, while the energy sector index rose 0.9 percent and the mining index rose 0.1 percent, with the increase in commodity prices, thanks to optimism regarding China’s reopening of its borders..
Direct Line Insurance Group fell to the bottom of the Stoxx 600 index, falling 23.5 percent, following the car and home insurance company took a surprising step by canceling its cash dividends for 2022..
Britain’s FTSE 100 index rose to its highest level in more than four years, with the rise of large oil and mining stocks.
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The indicator has increased Stokes 600 European stocks rose 0.4 percent, while market participants await inflation data in the United States tomorrow, Thursday, to obtain indications of the monetary policy of the US Federal Reserve..
“Investors remain optimistic as they await tomorrow’s US inflation report, and sentiment remains high thanks to the December jobs report and the prospects for reduced increases,” said Craig Erlam, senior market analyst at OANDA. interest rates“.
Technology stocks, which are affected by the interest rate hike, rose, as the sector index increased today, Wednesday, 1.3 percent, while the energy sector index rose 0.9 percent and the mining index rose 0.1 percent, with the increase in commodity prices, thanks to optimism regarding China’s reopening of its borders..
Direct Line Insurance Group fell to the bottom of the Stoxx 600 index, falling 23.5 percent, following the car and home insurance company took a surprising step by canceling its cash dividends for 2022..
Britain’s FTSE 100 index rose to its highest level in more than four years, with the rise of large oil and mining stocks.
