European Stock Exchanges Started the Day with Rising

Following the opening, the Stoxx Europe 600 indicator index gained 0.80% at 428.05 points, and the DAX 30 index in Germany rose by 0.99% to 13,627.53 points. In the UK, the FTSE 100 index increased by 1.04% to 7.524.65 points, the IBEX 35 index in Spain with a 0.33% premium to 9.848.70 points, the CAC 40 index in France with a gain of 0.67% 6.055.99 points, Italy ' The MIB 30 index rose by 0.59% to 24,651.38 points. The pound/dollar parity is trading at the levels of 1.2904 and the euro/dollar parity at the levels of 1.0911. Analysts pointed out that the focus of investors is the coronavirus epidemic in China and the effects of the epidemic on the global economy, and that the presentation of the Federal Reserve (Fed) President Jerome Powell at the Congress will be decisive on investor decisions. In the early general election held on Saturday in Ireland, nationalist Sinn Fein won 24.5% of the votes but finished second in the number of lawmakers. Party leader Mary Lou McDonald announced that she was ready for the coalition, which could include the rotating prime minister with the right-wing parties, coming second and third in the election. Analysts said that the rise of Sinn Fein, the political wing of the Irish Republican Army (IRA), to the first-party position would worry pro-Union sectors in Northern Ireland, the balance of industrial production, foreign trade and Q4 in the fourth quarter. He reported that the Domestic Product (GDP) data will be tracked.