European Stock Markets Tread Water Despite Hormuz Uncertainty

The euro rose early in European trade but gave it back (and more) as Trump said the US would charge a 20% toll on shipping in Hormuz and reinstate the blockade of Iran. European stock markets largely took the news in stride and finished close to unchanged STOXX 600

The euro rose early in European trade but gave it back (and more) as Trump said the US would charge a 20% toll on shipping in Hormuz and reinstate the blockade of Iran.

European stock markets largely took the news in stride and finished close to unchanged

STOXX 600 -0.1% FTSE 100 flat DAX +0.1% CAC 40 +0.1% c97fe4880a4b454993821fe0b770a597

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