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European stocks open higher, European Stoxx 600 jumps over 50pc

byCustoms Today Report
29/07/2015
in Uncategorized
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ROME: European opened higher on Wednesday on what is a bumper day of earnings, as choppy trade in Chinese stocks continues and investors look to the outcome of a two-day policy meeting of the U.S. Federal Reserve.

The pan-European Stoxx 600 was trading over 0.5 percent higher by mid-morning.

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Britain’s FTSE 100 and the French CAC were both around 0.5 percent higher at the open while the German DAX saw a 0.4 percent pop.

Asian stocks turned mixed early Wednesday, as volatile trade in China offset the positive lead from Wall Street overnight. However, the stabilization of commodity prices gave a slight boost to resource-dependent markets such as Australia.

 

 

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