European stock markets started the day with a rapid rise

After the opening, the Stoxx Europe 600 indicator index gained 2.7 percent in value at 329 points, and the DAX 30 index in Germany increased by 3.6 percent and is at 10,432 points.

In England, the FTSE 100 index increased by 3.7 percent to 5,747 points, in Spain, the IBEX 35 index increased by 2.7 percent to 7,026 points, in France, the CAC 40 index gained 3.1 percent to 4,479 points, and in Italy, the MIB 30 index increased by 4 percent. It reached 17,637 points with an increase of .4.

The euro/dollar parity is trading at 1.0870, gaining 0.7 percent, and the pound/dollar parity is trading at 1.2330, increasing by 0.8 percent.

Analysts stated that the increase in the number of new cases and deaths in Europe during the Covid-19 epidemic lost momentum, as well as the stock markets started the day positively with the incentive steps of economic management.

Reminding that Italy announced a new package of 400 billion euros yesterday to combat the impact of the epidemic on the economy, analysts noted that the news that Germany was preparing for an “unlimited” financing program for businesses also increased investors’ risk appetite.

Analysts stated that the data agenda is weak today and that the news flow regarding the Covid-19 epidemic will be followed.

Source: https://www.aa.com.tr/tr/ekonomi/avrupa-borsalari-gune-hizli-yukselisle-basladi/1795232

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