All the day’s economic and financial news, as shares rise in Europe after two days of heavy falls * Trump: stock market fall a “big mistake” * FTSE 100 opened 60 points higher * Analysts: Calm has returned * The agenda: Relief after US recovered last night * BUT... Dow Jones could fall almost 300 points * Asian shares rallied, then faltered * Sign up: All the business news you need 6.21pm GMT After their declines on Tuesday, European markets have taken their cue from the overnight rise on Wall Street and also the opening optimism in the US. The FTSE 100, which saw its biggest losses since the Brexit vote on Tuesday, has recovered more than half of the decline, and there was a similar picture elsewhere. Signs that Germany was putting its political differences aside also helped sentiment. The final scores showed: 5.29pm GMT Meanwhile, Greece is mulling pushing ahead with the sale of a seven-year euro benchmark bond - postponed on account of the sell-off - on Thursday, bankers say. Helena Smith reports from Athens: After years of exile, the debt-stricken county is keen to prove it can tap international markets again. The seven-year issue would be its boldest market foray yet, and was formally announced on Monday with trading expected to take place Tuesday. Instead, Greek finance officials took one look at the market rout and thought better of it. But depending on how the US markets perform, trade could begin Thursday bankers are now saying. Greece hopes to raise €3bn with the issue as part of efforts to build up a €19bn cash buffer that would allow the country to cover debt repayments independently when its third international bailout programme officially expires in August. Continue reading...
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