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European Shares Climb As Trump's Two-week Truce Sparks Relief Rally

Apr 08, 2026 09:02 UTC

(RTTNews) - European stocks soared on Wednesday as a two-week Middle East ceasefire helped ease fears of supply disruptions in oil markets and tempered inflation concerns..

  • April 08, 2026 — 05:02 am EDT Written byRTTNews
  • comforRTTNews-> (RTTNews) - European stocks soared on Wednesday as a two-week Middle East ceasefire helped ease fears of supply disruptions in oil markets and tempered inflation concerns
  • Brent crude prices slumped 14 percent toward $90 a barrel on hopes that oil and gas flows through the Strait of Hormuz could soon resume

April 08, 2026 — 05:02 am EDT Written byRTTNews.comforRTTNews-> (RTTNews) - European stocks soared on Wednesday as a two-week Middle East ceasefire helped ease fears of supply disruptions in oil markets and tempered inflation concerns. Brent crude prices slumped 14 percent toward $90 a barrel on hopes that oil and gas flows through the Strait of Hormuz could soon resume. In economic releases, Germany's factory orders recovered in February, albeit at a slower than expected pace, ahead of the war in Iran, data from Destatis revealed. Driven by the substantial growth in the auto industry, factory

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