Europe starts in the green as Goldman revises its outlook to the upside. Interest rate hikes in the eurozone – markets in a minute

Europe starts in the green as Goldman revises its outlook to the upside.  Interest rate hikes in the eurozone – markets in a minute

Europe starts in the green with Goldman revising the “Expectations” upwards. Global stocks are preparing for the best week since March

Porsche’s arrival in Frankfurt could give new life to the German stock exchange. The IPO, which closes on Thursday, will be one of the largest ever.

Staff/Reuters


Europe started the day in the green, marking a week of gains, following the global trend. Investors excited about the possibility of implementing a stimulus package that would boost the economy eventually overshadowed the “hawkish” statements of central banks.

The Stoxx 600 – the benchmark for mass index – rose 0.41% to 466.24 points. Of the 20 sectors leading the European “benchmark,” household products and travel lead the gains.

Among the major European markets, Frankfurt rose 0.25%, Paris rose 0.50% and Madrid rose 0.52%.

London collects 0.52%, Amsterdam leads slightly (0.09%) and Milan collects 0.59%.

Here, the Lisbon Stock Exchange follows the European trend and is up 0.38%.

Goldman Sachs revised the “forecast” upward for the Stoxx 600 in six months from 470 to 480 points, plus the three-month forecast, to 470 points, and at 12 months (500 points).

Globally, the MSCI World Index ended the week up 2.9%, on the cusp of posting its best week since March.

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