European Shares Rise as Oil Rally Pauses; All Eyes on Fed
The STOXX 600 rose 0.4% as banks rebounded and markets priced in a 93% chance of a 25-basis-point Fed hike.
8 Articles
8 Articles
Global Market: European shares recover as oil rally pauses ahead of Fed decision
European shares recovered after two sessions of losses as a pause in oil prices eased pressure on risk assets ahead of the Federal Reserve's policy decision. Banks led gains, while investors tracked bond yields, inflation concerns and geopolitical developments.
The main European exchanges opened today on high, due to the fall in the price of oil in a session centered on the decision of the U.S. Federal Reserve (Fed) director fees.
European shares rebounded in early trade today after two sessions of losses as oil prices fell, with attention turning to the upcoming interest rate decision by the US Federal Reserve. The pan-European STOXX 600 index rose 0.4% to 636.81 points at 10:05 Greek time. Most major […] The article European stock markets: Shares rise at the start of trading was originally published on AlphaTV.
In the Istanbul Stock Exchange Futures and Options Market, the October futures contract based on the BIST 30 index opened the day up 0.12% at 17,162 points. After falling 2.33% yesterday, market attention is now focused on the Fed's interest rate decision to be announced today.
In global markets, risk appetite has moderately increased as selling pressure in the bond market eased and the rise in oil prices slowed, while attention has turned to the interest rate decision to be announced by the US Federal Reserve (Fed) today.
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