PARIS (Reuters)-The main European scholarships are progressing on Tuesday at the start of the session, the prospects for cease-fire in Ukraine, hoping for investors a rebound in European growth.
In Paris, the CAC 40 rises from 0.16% to 8,202.53 points around 8:05 a.m. GMT. The Dax in Frankfurt is strengthened by 0.13%, while the FTSE in London increased by 0.10%.
The pan -European FTSEUROFIRST 300 index takes 0.17%, the Eurostoxx 50 wins 0.13%and the Stoxx 600 increases by 0.17%.
Russian and American officials will meet on Tuesday in Saudi Arabia to open discussions intended to end the conflict between Russia and Ukraine, an unprecedented meeting since Moscow launched in 2022 an offensive denounced by Kyiv as an invasion .
The almost three years of war have profoundly upset the European economy and the end of hostilities could bring back the activity in the block.
The other factor that can feed an increase in European markets could come from larger public spending in Germany.
“The attention of European markets will turn to the German elections scheduled for next Sunday, the results of which could have significant repercussions in Germany and the European Union,” recall the strategists of Natixis.
The results also animate the exchanges, the Capgemini figures (-5.8%) having notably disappointed investors.
(Written by Corentin Chappron, edited by)
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