Europe closes sharply higher as DAX jumps 3.3%, FTSE 100 hits fresh record, gold and FX signal a broad risk reset
Executive summary: European markets ended the session with a strong risk-on tone, led by a 3.3% surge in Germany’s DAX and a 2.3% rise in the FTSE 100, which closed at a record 10,886.43. The move came alongside a weaker dollar, firmer euro and sterling, higher gold and Brent crude, and a sharp drop in global autos, suggesting investors rotated toward cyclicals, exporters and inflation hedges while reassessing currency and rate expectations. [Continue Reading]
Sponsored

