European Market Review

European stock markets gained ground today amid expectations for further monetary stimulus measures, which limit the worries about global recession.

Shares in Milan-listed Fiat Chrysler advanced 4.0% after Italian media reported that talks between Fiat and Renault never stopped.

The British pound depreciated 0.4% at $1.2126 and 0.4% slipped versus the euro at 91.52 pence.

France’s CAC-40 Index marked its best day of the month. The British Prime Minister Boris Johnson meets today with the German Chancellor Angela Merkel in Berlin.

Johnson hopes to secure Merkel, and French President Emmanuel Macron who he’s meeting on Thursday, support and to change a crucial part of the Brexit deal.

The Irish High Court gave granted Ryanair (RYA.I) an injunction to prevent its Dublin-based pilots from going on strike planned for this week.

The airliner went to court to get an order against Forsa, the parent body of the Irish Air Line Pilots’ Association (IALPA), to prevent the possible strike actions.