European Stocks Rally After Swiss National Bank Cuts Interest Rates. US, Germany, and Britain See Increase in Bond Yields. from com base rate notu Watch Video

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✓ Published: 21-Jun-2024

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European stocks rose after a Swiss National Bank interest rate cut, while US futures strengthened. Central banks are showing confidence in managing inflation through unchanged interest rates, and investors are keeping an eye on France's bond auction and Wall Street's expected record highs. Key events this week include Eurozone consumer confidence, the Bank of England rate decision, and US housing and jobless claims data. The dollar strengthened against major currencies, and Bitcoin and Ether rose. Bond yields for the US, Germany, and Britain also increased.