Stock markets rallied yesterday, building on pre-weekend momentum as investors priced in the expectation of further interest rate hikes aimed at taming decades-high inflation.
The euro surged against main rivals, a day after German central bank chief Joachim Nagel signalled that the European Central Bank (ECB) would probably continue raising its key rate.
The European single currency rocketed more than 1.4 per cent against the dollar and 1.6 per cent versus the yen before trimming gains around midday. Читать дальше...