European markets are on fire Thursday, on the news of a peace deal to end fighting in Ukraine. Here’s how the major indices were performing today at 12 p.m GMT (6 a.m. ET): The ceasefire agreement, hashed out late Wednesday by leaders of Russia, Germany, France, and Ukraine, follows an announcement from the International Monetary Fund that the region’s economy will receive a $40 billion (£26.2 billion) international bailout. The Moscow stock market exploded when the first rumours of a Ukraine deal came out at about 9 a.m. GMT: The Ukraine peace deal is a positive …read more
Source: Business Insider