London +1.28%.
Germany +1.08%.
France +0.93%.
the paneuropean Stoxx 600 it was up 0.9% in morning trade, with most sectors and major bourses trading in positive territory. Oil and gas stocks led the rally followed by mining stocks.
On Thursday, the ECB raised 50bp, gave no clues on the future path. We’ll get the first clue later today.
Coming soon in session: Final CPI figures for February for the Eurozone at 1000 GMT.
In the bond market, the yield on the 10-year Treasury fell more than two basis points to 3.56%.
Germany’s 10-year yield rose more than three basis points to 2.27%.
Britain’s 10-year yield fell more than a basis point to 3.41%.
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLIY ), (FXB), (EWU), (FKU), (EWUS), (HEWU), (FLGB).
More on the banking crisis:
First Republic Bank: 4 reasons to buy
As bank stocks fall, I turn to Bank of America and Toronto-Dominion
Goldman is expected to make $100 million on its purchase of SVB assets last week
Bank of America: Brace for shock
Worried about your bank? Here’s how to put your money in a safer place and earn interest
