European shares rise for the second straight session led by the British market

Economies.com
2016-09-20 10:45AM UTC

European stocks rose during morning trade on Tuesday, extending gains for the second straight session, and led the hikes British market, which continues to make strong gains after scoring yesterday, the biggest gain in two weeks, comes in conjunction with the federal expectations, "the US central bank" to keep interest rates steady in its regular meeting, which begins later in the day.

 

 

The Dow Jones Stoxx Europe 600 index rose 0.2 percent by 10:20 GMT, yesterday's session index closed up by one percent supported by the recovery of the banking sector and commodity companies.

 

 

In London, the Financial Times Index rose 0.5 percent, extending gains for the second consecutive session, after recording yesterday, the biggest gain in two weeks supported by strong gains in BHP Billiton and Glencore, and in today's session Shares of Johnson P rose by 2.4 percent to be the biggest  gainer  on the FTSE index with support from rising platinum prices, and Rio Tinto Group climbed 1.4 percent.

 

 

Federal Reserve , "the US central bank" Today begins its regular meeting for two days to discuss the appropriate monetary policy for the development of the largest economy in the world the growth path, to announce its decisions on Wednesday, amid retaining the fixed interest rate expectations unchanged in light of conflicting recently released from the US data.

 

 

Futures for the S & P 500 rose 0.4 percent, and the index closed yesterday's session on Wall Street stable without any significant change with the reluctance of investors to start new positions before knowing the US central decisions.

 

 

As for the most important European markets indicators euros Stoke 50 index rose 0.3 percent, and France's CAC 40 Index climbed 0.3 percent, and Germany's DAX index rose 0.5 percent, and in London FTSE 100 rose 0.5 percent amount.

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