Europe: Stocks open higher awaiting Fed
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[LONDON] European stock markets rose at the start of trading Wednesday, with the Federal Reserve expected to announce its first US interest rate hike in nearly a decade.
London's benchmark FTSE 100 index climbed 0.30 per cent to 6,035.9 points compared with Tuesday's close.
Frankfurt's DAX 30 gained 0.25 per cent to 10,476.1 points and the CAC 40 in Paris won 0.15 per cent to open at 4,621.5.
The Federal Reserve is set to raise borrowing costs at its policy meeting Wednesday, ending months of speculation and uncertainty on global markets.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
