European Stock Exchanges Close up After Fed's Decision
4 Articles
4 Articles
Europe's main stock indexes closed high this Thursday (17), especially the FTSE 100, from the London Stock Exchange, gaining momentum after the Bank of England's (BoE) monetary policy decision, which kept interest unchanged and lowered sales of long-term Gilts. A strong drop in Gilts' income, as well as other European public debt securities and US securities (Treasuries), favored the performance of the stock exchanges, which also benefited from …
London (+1.19%) grew strongly after the announcement by the Bank of England of a monetary status quo on its rates. Frankfurt (+0.70%) was drawn by Siemens Energy (+3.81%). Paris (+0.57%) and Milan (+0.80%) also benefited from the optimism of investors encouraged by the fall in oil and the relaxation of long rates.
Treasure yields fell this Thursday, as investors assessed the decision and signs of a new monetary squeeze in the future
Positive reaction on European stock markets in the wake of the Fed's interest rate hike.
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