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- European stock markets mid session: stocks traded slightly higher ahead of the Fed’s interest decision
European stock markets mid session: stocks traded slightly higher ahead of the Fed’s interest decision
Stock
indices traded slightly higher ahead of the Fed’s interest later in the day. Market
participants expect the Fed will cut its monthly asset purchases by another $10
billion to $35 billion, but the Fed will keep its interest rate unchanged until
2015.
The
violence in Iraq still weighed on stock markets.
The Bank of
England (BoE) released its June meeting minutes. The Bank of England
policymakers were surprised that financial markets had not saw a higher chance
of an interest rate hike in 2014.
Current
figures:
Name Price Change Change %
FTSE
100 6,795.99 +29.22 +0.43%
DAX 9,940.18 +19.86 +0.20%
CAC 40 4,540.01 +3.94 +0.09%
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