European markets open to close, Bank of England and Swiss central bank interest rate decisions

The Bank of England raised interest rates by 50 basis points, the seventh in a row Bank of England They voted to raise interest rates By 50 basis points, less than the 75 basis points rise some analysts had expected. The bank said there have been other indications since August of “domestic inflation continuing to … Read more

European stocks open to close; Markets brace for more Fed rate action

Rheinmetall tops European stocks with 9.6% gain German company for the manufacture of cars and weapons Rheinmetall It rose 9.6% late in the morning, leading to broad gains for defense companies after Russian President Vladimir Putin announced a partial military mobilization, in an apparent escalation of tensions in the war in Ukraine. Rheinmetall shares have … Read more