On the data front, the French economy stagnated in the first quarter of the year as weak domestic demand continued despite an easing of Covid-19 restrictions. The euro zone's second-largest economy was unchanged following growth of 0.
8% in the final quarter of 2021, with economists in a Wall Street Journal poll having projected a quarterly expansion of 0.3%.Meanwhile, global investors continue to monitor the war in Ukraine and its geopolitical implications, after Russian President Vladimir Putin warned the West of a "lightning fast" response to countries that intervene in the war.on Wednesday because they had refused to pay for the gas in Russian rubles, as Moscow demanded.
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