Print Edition - 2017-06-21  |  Money Digest

European stocks climb


Jun 21, 2017-

European stock markets rose on Tuesday, gaining traction from a particularly strong rebound on Wall Street and in Tokyo. London equities also advanced as the pound dipped after Bank of England governor Mark Carney poured cold water on raising interest rates any time soon. Barclays shares fell only 0.3 percent after Britain’s Serious Fraud Office said it had charged the UK banking group and a former chief executive with fraud linked to funding from Qatar. European bourses had enjoyed gains on Monday and US equities ended at records as traders also cheered a strong victory for French President Emmanuel Macron’s centrist party in parliamentary elections. “Markets in the UK and Europe have totted up a few more gains this morning, after an impressive session yesterday,” said IG analyst Chris Beauchamp. 

Published: 21-06-2017 08:24

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