European stock markets are moving in a positive direction on Thursday after the monetary policy decisions of the US Federal Reserve, which did not come as a negative surprise for investors.
The US Federal Reserve yesterday raised its interest rates for the first time since December 2018, taking the first step to tackle the spike in inflation to a 40-year high. The increase was by 25 basis points, as analysts had predicted, while the central bank expects to make six more increases in 2022.
On the board, the pan-European Stoxx 600 index is up 0.5% at 450.51 points.
The German DAX gained marginal gains of 0.05% at 14,444.62 points, the French CAC 40 gained 0.4% to 6,615.16 points, while the British FTSE 100 gained 0.45% to 7,322.69 points.
In the periphery, the Italian FTSE MIB is moving with small gains of 0.1%, while the Spanish IBEX 35 is gaining 0.5%.
The war in Ukraine, meanwhile, continues to dominate the headlines. Reports of some progress in the peace talks helped the shares record strong gains on Wednesday. However, bombings in Kyiv and other major Ukrainian cities continue today, with US President Joe Biden calling Vladimir Putin a “war criminal” at a time when the US government is giving the green light for new military aid to Ukraine. .
Source: Capital
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