LIVE MARKETS-BoE gives UK banks a boost, FTSE gets a slap [Reuters]
GE Aerospace (GE)
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Source: Reuters
Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market moves: helen.reid.thomsonreuters.com@reuters.net BOE GIVES UK BANKS A BOOST, FTSE GETS A SLAP (1236 GMT) UK banks turned positive and hit a session high after the BoE said interest rates would probably need to rise sooner and by a bit more than it thought three months ago due to the strong global recovery. Here's the story: The same can't be said of the FTSE which got a little slap from the rising sterling. (Julien Ponthus and Helen Reid) ***** VOLUME SPEAKS VOLUMES. BUT WHAT IS IT SAYING? (1144 GMT) This month's sell-off saw the heaviest volumes traded on the STOXX 600 in more than seven months, which is important, sure, but nothing serious in comparison to what could be seen on the other side of the Atlantic. As you can seen below, for the Dow (left), the volumes are the biggest ever
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- 4/23/24 - Beat
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