Europe closes higher after upbeat data

Tuesday, 29. June 2021 17:31

Stock markets in Europe closed with gains after the latest economic data releases showed that the consumer confidence in the Eurozone reached a 21-year high in June. According to media reports, the European Union will approve a three-month extension of the food-related grace period under the Northern Ireland Protocol that the United Kingdom had requested. European Central Bank President Christine Lagarde revealed that 50% of all green bonds globally were issued in the euro.

The DAX jumped 0.88% at the close as Siemens Energy AG gained 3.59%. London's FTSE 100 was up 0.21% at the end of the trading session with its best performer, Just Eat Takeaway.com, increasing by 3.51%. The CAC 40 closed 0.15% higher as ArcelorMittal rose by 3.65%.

The euro was 0.15% lower against the dollar, selling for 1.19099 at 5:35 pm CET, while the pound lost 0.28% compared to the greenback, buying 1.38420 concurrently.

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Breaking the News / MS