European markets are zooming

European markets look set to end the week on a positive note, with all the major indices trading up at the open on Friday.

The UK’s FTSE 100 opened up 1.25%, as the pound climbed back above $1.40 for a brief moment before sinking to $1.3992.

Here’s how the FTSE looked today:

It wasn’t all good news. RBS plunged more than 10% before recovering slightly after the bank revealed its eighth straight year of losses. Legal disputes and fines cost the bank dearly, pushing it to a £2-billion loss.

Here’s RBS stock:

And here’s a roundup of the rest of the European markets:

  • Germany’s DAX — up 2.23%
  • Eurostoxx 50 — up 2.29%
  • Spain’s IBEX — up 2.12%
  • France’s CAC — up 2.12%
  • Italy’s FTSE MIB — up 2.09%

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