European markets surge on Tuesday

13:08 3 July 2018
After a very poor start to the third quarter of the year the European indices surge on Tuesday as a relief news seems to be arriving from everywhere. First, investors in Europe could relax as a deal between CDU and CSU has been reached removing a threat of snap elections in Germany. Second, China ensured markets it wasn’t going to use yuan exchange rate as a weapon in Trade Wars. As a result ITA40 is up 1.7%, W@) gains 1.6% and SUI20 adds 1.2%. However, keep in mind that this sentiment is a bit unstable as tariffs on the US-China trade are expected to kick in later this week.

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