European markets opened in the green after signals of a possible cessation of hostilities in Ukraine. This is reported by Reuters.
The STOXX 600 index rose by 0.1%, as did Britain’s FTSE 100. France’s CAC 40 rose by 0.2%, and Germany’s DAX by 0.1%. At the same time, the euro strengthened slightly against the dollar after Volodymyr Zelenskyy said that the issue of security guarantees for Ukraine could be resolved within 10 days after talks with Donald Trump and European leaders. At the same time, shares of defense companies fell: the profile index fell by 1.3%, and the shares of the Swedish manufacturer Saab AB by 3.7%.
Mark Rutte, NATO Secretary General, called the meeting between Trump, Zelenskyy and European partners “very successful.” Trump himself said that he had already called Putin and started organizing a trilateral summit.
There were no significant fluctuations in Asian markets – investors are waiting for signals from the Federal Reserve before the annual meeting in Jackson Hole, which will last August 21-23. A speech by Fed Chairman Jerome Powell on the economic outlook is expected.
