Europe up in premarket ahead of Fed decision

Wednesday, 22. September 2021 07:39

European stocks rose in premarket trading on Wednesday ahead of the United States Federal Reserve's monetary policy decision scheduled for later in the day with investors hoping the Fed will give signals on when it plans to start tapering its asset purchases.

The FTSE 100 climbed 0.37% at 7:37 am CET, the DAX increased by 0.22% at the same time and the CAC 40 added 0.34% at 7:20 am CET.

The euro and the pound were both flat against the dollar, going for 1.17240 and 1.36574, respectively, at 7:38 am CET.

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