This report is from today's CNBC Daily Open, our new, international markets newsletter.
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are.
Markets liked the pauseU.S. markets rallied Thursday as traders digested the Federal Reserve's rate pause — and seemed to decide it was a good thing.
But traders in Europe didn't like the ECB's rate hike, resulting in a 0.13% drop in the pan-European Stoxx 600 index.
Either the Fed's lying about rates or economic data's lying about a recession.
Persons:
Richard Branson, Trade Bell, Coinbase, Kevin Scott, it's, CNBC's Bob Pisani
Organizations:
of Virgin Galactic, Trade, New York Stock Exchange, CNBC, ECB, European Central Bank, Markets, BlackRock, U.S . Securities, Exchange Commission, SEC, Microsoft, Federal Reserve
Locations:
New York City, Europe