Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
Yesterday evening, the Federal Reserve released the minutes from last months meeting.
A dip in government bond yields has paved the way for bargain hunters to swoop in and snap up European equities.
The bears have emerged now that US traders are back in action following their long weekend because of the Independence Day holiday yesterday.
European equity markets are mostly showing modest gains as bargain hunters entered the fold.
Equity traders are treading lightly today in the wake of the painful losses racked up this week.
Equites markets are enduring severe sell offs as worries about global growth mount.
The major declines posted in US stock markets last night have set the tone for European equities today.
Stock markets in Europe are on track to finish higher as bullish sentiment is doing the rounds.
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