European stocks rose sharply on Wednesday thanks to sustained buying right through the day's session as U.S.-Iran ceasefire deal lifted sentiment. A sharp drop in oil prices and lower bond yields contributed as well to the bullish mood in the markets.
The pan European Stoxx 600 climbed 3.88%. The UK's FTSE 100 gained 2.51%, Germany's DAX jumped 5.06% and France's CAC 40 moved up 4.49%. Switzerland's SMI settled with a gain of 2.53%.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.