European stocks rise on hopes of low U.S. interest rates as ECB decision awaits

European stocks rose on Thursday in their first opportunity to react to the U.S. Federal Reserve decision, with key events on the horizon including a European Central Bank decision and the U.K. election.The German DAX DAX, +0.08% added 0.42% to 13202.31 and the French CAC 40 PX1, +0.11% gained 0.4% to 5884.34.

After European stock markets had closed on Wednesday, the Fed released a so-called “dot plot” showing the central bank doesn’t expect to lift interest rates in 2020. Chairman Jerome Powell told reporters the bar was high to getting the central bank to lift interest rates. Channel Tunnel operator Getlink GET, -1.87% fell 1.9% after reporting a decline in shuttle traffic during November, with truck traffic hurt by stockpiling during the previous month because of concerns over Brexit, and passenger traffic affected by U.K. election uncertainty.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks seen slightly higher after dovish Fed indications; UK election and ECB in focusEuropean stocks were seen edging higher Thursday morning after the U.S. Federal Reserve signaled that it did not plan to raise interest rates in 2020.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen mixed as investors await Fed decision and US-China trade newsEuropean stocks are expected to make a cautious start Wednesday as investors await the U.S. Federal Reserve's interest rate decision. This ain’t good
Source: CNBC - 🏆 12. / 72 Read more »