European markets rise as ECB flags ‘clear signs of economic improvement’
General view of the European Central Bank in Frankfurt, Germany (John Walton/PA)
The European markets made further progress as the European Central Bank said there were “clear signs of improvement” in the Eurozone economy.
Christine Lagarde helped to buoy sentiment, although the central bank still cited uncertainty on the horizon and global traders still have concerns over virus rates in Asia.
Nevertheless, London traders were hopeful as positive company announcements from the start of the annual earnings season helped to keep the FTSE higher.
The FTSE 100 closed 42.95 points, or 0.62%, higher at 6,938.24 on Thursday.
European markets rise as ECB flags clear signs of economic improvement
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European markets rise as ECB flags clear signs of economic improvement
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