European stocks stabilize during morning trades following comments about US interest rates

European stocks stabilized during Monday morning trades at the first week's sessions as investors evaluate the statements of Janet Yellen president of "Central Federal " about raising US interest rates over the next few months.

The Dow Jones Stoxx Europe 600 index rose 0.1 percent by 10:29 am GMTand the index recorded last week, the highest level in more than a month, supported by gains of export companies benefiting from the weakness of the European single currency euro.

Janet Yellen on Friday at Harvard University, said that it is appropriate to raise interest rates in the next few months amid improving US economy, in an optimistic different tone for the president of the Federal issued statements during the recent meetings for the US monetary policy makers.

Futures for the S & P 500 rose 0.2 percent, after the index ended trading on Friday on Wall Street, up by 0.4 percent, achieving a weekly gain is the largest in three months, amid improved investor sentiment with a succession of data that confirms the strength of the growth path of the US economy during the current year , and its ability to withstand the effects of higher interest rates.

As for the most important European markets indicators euros Stoke 50 index rose 0.1 percent, France's CAC-40 rose less than 0.1 percent, and Germany's DAX index rose 0.3 percent.