The brutal sell-off in US stocks last night ensured European markets got off to a very tough start this morning.
Stock markets in Europe are pushing higher even though tensions around Russia have ticked up. President Putin has threatened to hit back at countries that are assisting Ukraine. Gas supplies into the EU are being monitored as there are some worries the energy market could become weaponised.
Stock markets are in the red because of the hawkish comments made by Fed Chair Jerome Powell last night, the central banker stressed the need to tackle rising inflation by hiking interest rates.
The bulls are out in force again as stocks in Europe and the US are driving higher. The absence of negative news is lifting sentiment.
Equity markets in Europe are higher thanks to the bullish session in the US last night. Even though the war in Ukraine persists, the mood in the markets is upbeat.
Stock markets are on track to finish higher this afternoon as traders have shrugged off the negative headlines about additional sanctions on Russia, as well as the chatter about higher interest rates from the Federal Reserve.
Stock markets are lower this afternoon as there are fears the Federal Reserve will adopt a more hawkish policy than expected.
Stock markets in continental Europe are under pressure as the EU announced plans to reduce its dependency on coal from Russia.
Putin ramps up rouble rhetoric, stocks suffer
The optimism of yesterday has been replaced by renewed pessimism as continued Russian aggression is driving European stock markets lower.
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