European stocks close higher after Bank of England, ECB keep policy unchanged; Fed signals rate cuts
Publishing timestamp: 2023-12-14 11:40:12
Summary
The article discusses the bounce in European markets following the U.S. Federal Reserve's signal of interest rate cuts. Mining stocks led gains, while insurance stocks fell. The European Central Bank and Bank of England both kept interest rates unchanged. AMS-Osram and EQT saw gains in their stock prices. The article also mentions the inflation in Russia and the interest rate hike by the Norwegian central bank. The German DAX crossed the 17000-point mark for the first time. The Swiss National Bank held interest rates steady. Overall, European markets reacted positively to the U.S. Federal Reserve's signal and investors are awaiting monetary policy decisions from the European Central Bank and Bank of England.
Sentiment: MIXED
Tickers: AMS-AT, .FTSE, .FCHI, EQT-SE, .FTMIB, UCG-IT, VIV-FR, LLY, BAMI-IT, .GDAXI, 0H00-GB, SAB-ES, .STOXX, BPE-IT, 0QWC-GB,
Keywords: unicredit spa, russia-ukraine crisis, prices, vivendi se, breaking news, ukraine, banco de sabadell sa, russia, ams osram ag, foreign policy, eqt ab, breaking news: europe, banco bpm spa, united states, business news, stoxx 600, war, politics, bper banca spa,