Global Markets Recap - Week of June 26, 2023
1. What Moved the Markets?
Europe
The pan-European STOXX Europe 600 Index rose 1.94% on hopes of increased Chinese consumption and lower inflation suggesting near-peak interest rates. Major European stock indexes also saw gains: CAC 40 (+3.30%), FTSE MIB (+3.75%), DAX (+2.01%), and FTSE 100 (+0.