European Markets Rise Despite Geopolitical Tensions
The pan-European Stoxx 600 index advanced 0.58%, or 3.52 points, finishing at 605.28.
Germany’s DAX 40 edged up 0.09% to a record 24,892.2 points, while the UK’s FTSE 100 surged 1.18% to a new all-time high of 10,122.73. France’s CAC 40 gained 0.32% to 8,237.43, and Spain’s IBEX 35 added 0.19%, closing at a record 17,647.1 points.
In contrast, Italy’s FTSE MIB slipped 0.2%, ending at 45,753.43 points.
Market sentiment was heavily influenced by geopolitical developments, particularly the U.S. intervention in Venezuela over the weekend and the capture of President Nicolas Maduro, which heightened global tensions.
Analysts noted that such developments create distinctive uncertainty for financial markets.
Given Venezuela’s vast oil reserves, investors are closely watching energy price movements and inflation expectations. They cautioned that escalating instability could dampen risk appetite in the near term.
However, they also suggested that if sanctions are lifted following a change of leadership in Venezuela and oil reserves are utilized more efficiently, energy prices—and consequently inflation—could decline.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
