Wednesday, December 16, 2015

European Shares Edge Higher with Casino Outperforming

2:54 PM


http://www.researchvia.com/free-trials/
 
European Stocks - European shares edged higher on Wednesday, mirroring gains on Wall Street and in Asia, with investors awaiting the outcome of a crucial rate-setting meeting of the U.S. Federal Reserve for hints about the market's near-term direction.
 
Casino surged 7 percent, among the best performers in Europe, after the French retailer said late on Tuesday it plans to raise more than 2 billion euros ($2.2 billion) in 2016 by selling part of its real estate portfolio in Thailand and Colombia as well as its Vietnam operations.

The pan-European FTS Eurofirst index was up 0.18 percent at 1,413.49 points by 0806 GMT, after climbing 2.9 percent in the previous session following a rebound in crude oil prices.

The Fed is widely expected to announce a rate hike after the end of its two-day policy meeting. It would be the first U.S. rate hike in nearly a decade, signalling the beginning of an end to an expansionary monetary policy that has supplied a tidal wave of liquidity to risk asset markets globally.



Written by

We are Creative Blogger Theme Wavers which provides user friendly, effective and easy to use themes. Each support has free and providing HD support screen casting.

0 comments:

Post a Comment

 

© 2015 Forex News. All rights resevered. Designed by Forex News