The reason for optimism are the minutes of its September meeting the fed, which has raised hopes that the regulator will postpone the expected interest rate hike until 2016.
MOSCOW, 9 Oct. Major stock indexes in Europe are rising at the opening of trading Friday on the background of the publication of minutes of the September meeting of the Federal reserve system (FRS) the USA, according to AFP.
As of 10.03 Moscow time the British index FTSE 100 has raised on 0,81% — to 6426,88 points, German DAX 30 — on 1%, to 10102,79 points, French CAC 40 — on 1,01%, to 4722,86 item.
Exchange USA on Thursday were closed by increase of indexes in Asian markets on Friday also recorded a positive trend. The reason for optimism was the minutes of its September meeting the fed, which has raised hopes that the regulator will postpone the expected interest rate hike until 2016.
“The fed recognises the slow but gradual economic recovery. Since the last meeting there were new data that may make the regulator a little more nervous,” said Reuters chief investment officer at Commonwealth Financial Network, brad McMillan (Brad McMillan).
With some optimism investors are waiting for data on the UK trade balance for August. According to analysts, the deficit of foreign trade in the mills declined in the reporting month, to 9.9 billion pounds as compared with 11 billion pounds a month earlier.