European stocks are bouncing
|09/22/2016||Posted by BusinessMediaguide.Com under General World News||
European stocks are bouncing for a second consecutive day on Thursday after the US Federal Reserve left interest rates on hold on Wednesday, giving stocks a leg up.
In tandem with the Bank of Japan’s decision on Wednesday morning to leave its rates unchanged and tweak its existing stimulus, the Fed’s hold — and its signal of a possible hike in December — has helped to boost risk appetite in Europe’s markets during early trading, with all major bourses higher by more than 0.5%.
Once again, Italy’s FTSE MIB is leading the way, higher by 1.27% at around 8:10 a.m. read more >>>