Europe jumps at close ahead of Fed rate decision

Wednesday, 22. September 2021 17:35

Major European stock markets ended Wednesday's session in the green territory ahead of the interest rate decision by the United States Federal Reserve coming later today.

On the data front, a preliminary report showed Eurozone consumer confidence improved by a bit during September. Commenting on the Evergrande situation, Bank of Japan Governor Haruhiko Kuroda insisted earlier in the day that the issue which caused a significant market crash this week likely won't become a long-term global problem.

The DAX gained 1.03% or 158 points at the close. The FTSE 100 rose by 1.47%, as Antofagasta surged by 6.88%. The CAC 40 advanced by 1.29%, with ArcelorMittal soaring 4.49%. The euro went up by 0.09% against the dollar to 1.17361 at 5:32 pm CET, while the pound stood flat at $1.36593.

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Breaking the News / ND