European stocks marched further into the green on Tuesday, surpassing record highs notched in early May, as Germany’s main stock market index was boosted by a $22 billion deal between two property giants.
Analysts noted that macro forces shaping markets remained largely unchanged, with the focus in Europe increasingly turning to easing COVID-19 restrictions. Inflation concerns remain in investors’ minds and continue to shape messages from central banks. Paul Donovan, the chief economist at UBS Global Wealth Management, noted that inflation remains a focus but central banks globally are reiterating calming messages for markets.
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