The European STOXX 600 index rose 0.6 percent by 0815 GMT after touching the lowest level in three months yesterday, Tuesday, as investors flocked to safe haven assets.
A day after Russia lowered the criteria under which a nuclear strike could be launched, Reuters reported that Russian Pres Vladimir Putin He is open to discussing a ceasefire agreement in Ukraine with US President-elect Donald Trump, which excludes giving up large areas of territory and Kiev’s plans to join NATO.
The focus also focuses on the personalities selected in the administration of the US President-elect to hold key positions.
Meanwhile, British stocks underperformed the rest of the region’s peer markets after inflation came in above the 2 percent target last month, highlighting the Bank of England’s caution regarding cutting interest rates.
But arrow British software group Sedge It jumped 17 percent after the company announced operating profits for the full fiscal year, better than expected, and with the company expecting to continue making progress this year.
As for the French lottery company Francaise de Goux, it fell 5.5 percent after the Credit Agricole insurance unit said that it intends to sell 2.2 percent of the company’s capital.
