Europe ends higher after ECB minutes

Thursday, 25. November 2021 17:35

European markets closed with gains on Thursday as investors digested German GDP data and the European Central Bank's (ECB) latest meeting minutes. The ECB noted that the medium-term inflation outlook improved and that it expects to end net purchases under the PEPP by March 2022.

The FTSE 100 added 0.33% with Whitbread, up 2.78%, leading the gains.

The DAX rose 0.25%. The best performer was RWE whose shares rallied 6.42%.

The CAC 40 increased by 0.43% with Unibail-Rodamco-Westfield climbing 3.01%.

The euro was up 0.09% against the dollar to go for 1.12149 at 5:29 pm CET, while the pound lost 0.06% compared to the greenback to sell for 1.33235 at the same time.

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Author:
Baha Breaking the News (BBN) / NP