Johnson and Cameron Calm Euro Markets & Farage @ EU
Both Prime Minister David Cameron, and Boris Johnson, his presumptive replacement yesterday tried to calm teetering financial markets across Europe – and, at the end of trading today succeeded.
The big three European stock markets close at 11:30 am Eastern time. All three posted substantial gains.
The German DAX was up 1.93%, the French CAC 40 was up 2.61% and the British FTSE 100 gained 2.64%. This was the first turnaround after the Brexit vote four days ago.