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المشهد العربي
European stocks gain on mining and defense
European stock indices rose significantly, supported by the mining and defense sectors, amid improved global market confidence and a halt to concerns regarding U.S. monetary policy. The yield on government bonds in the Eurozone reached record levels not seen in over 15 years, with the 10-year German bond yield reaching 3.21%. Markets expect the deposit rate at the European Central Bank to increase to 2.76% by March 2027, with a ninety percent probability of a hike being approved at the upcoming September meeting. These developments contributed to a rise in the Stoxx Europe 600 index by 0.20%, the British FTSE 100 by 0.40%, and Germany's DAX by 0.10%.
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