Notes from the Trading Desk – Europe

Global equities finished higher last week, helped by a weaker-than-expected Consumer Price Index (CPI) in the United States on Wednesday. The MSCI World Index closed the week up 3.0%, the S&P 500 Index closed up 3.3%, the STOXX Europe 600 Index closed up 1.2%, and the MSCI Asia Pacific Index closed up 1.5%.