European exchanges closed higher on expectation of monetary policy of the USA

European exchanges closed higher on expectation of monetary policy of the USA


According to trading, the British FTSE 100 grew to 6378,04 points, German DAX 30 – up to 10104,43 points, French CAC 40 – up to 4702,79 point on expectations of tighter monetary policy of the Federal reserve system of the USA.

MOSCOW, 16 Oct. Major stock indexes in Europe at the close of trading on Friday showed growth on expectations of tightening monetary policy of the Federal reserve system (FRS) the USA in 2016, according to AFP.

At the end of trading the British FTSE 100 index rose by 0.62% to 6378,04 points, German DAX 30 — on 0,39%, to 10104,43 points, French CAC 40 — on 0,59%, to 4702,79 item.

Positive sentiment on the equity markets of Europe dominated the second day in a row on the confidence that stimulus measures economies of the world’s Central banks will continue to support the global economy.

“We may not be of the fed rate hike this year and the changes in the monetary policies of Europe and Japan, so this gives impetus to the shares. At the same time the price of oil rebounded and data reporting in the U.S. and Europe were not so bad”, — quotes Agency Bloomberg of a word of Mirabaud Securities trader John Plasser (John Plassard).