UK's FTSE 100 logs best day since September after slew of rate decisions; Europe stocks hit new record
Publishing timestamp: 2024-03-21 12:50:48
Summary
European stocks closed at all-time high following monetary policy decisions from Bank of England and Swiss National Bank. U.S. stocks also climbed after Federal Reserve's latest policy meeting. Bank of England held interest rates as expected, while Swiss National Bank surprised market with rate cut. U.K. stocks jumped, and Turkey's central bank raised its key interest rate. Analysts are discussing the outlook for interest rates and the impact on various sectors. Market participants are also questioning if markets are becoming too euphoric.
Sentiment: NEUTRAL
Tickers: .SPX, .IXIC, AMD, NVDA, .FTMIB, .FCHI, .DJI, .STOXX, GBP=, .FTSE, .GDAXI,
Keywords: united states, breaking news: europe, economic events, business news, prices, stoxx 600, france, ftse 100, gbp/usd, italy, germany,