Comment on European markets are all up as rate hike fears recede

European markets are all up as rate hike fears recede

European markets are all up on Tuesday morning. Calm has returned despite losses in China. The benchmark Shanghai Composite Index closed the morning session down more than 2.5%, extending losses from June to a huge 41%. European markets shrugged it off, which could be a sign that they think central banks' threats to raise interest rates may end up having to be delayed.

 

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