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Rising rates and Middle East tensions weigh on markets, but Prysmian advances - 11 Jun 2026
As of June 11, today’s news includes the ECB raising interest rates, geopolitical tensions and significant moves by major corporations. Prysmian has shown resilience in today’s trading, with its shares rising by more than 4%, reflecting confidence amid the establishment of a positive trading atmosphere on the European exchanges following the opening of Wall Street. From a banking perspective, the European Central Bank (ECB) has raised interest rates for the first time in nearly three years in an effort to combat inflation, which exceeds its target. This move comes against a backdrop of…
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