European stocks surge as Fed reassures traders over Brexit woes
June 15, 2016 9:55 am
European shares accelerated after the Federal Reserve’s dovish remarks alleviated anxieties of investors over the looming Brexit.
There is a possibility the US central bank will retain its interest rates later in the day, clouding worries the United Kingdom might exit the European Union following the June 23 in/out referendum.
That stipulation has plagued markets this week, pressuring traders to bet on safe-haven assets such as the Swiss franc.
The FTSE 100 share index added 0.9%, while the FTSEurofirst 300 index gained 1.1%, breaking its five-day losing stretch.
The material has been provided by InstaForex Company – www.instaforex.com
European shares accelerated after the Federal Reserve’s dovish remarks alleviated anxieties of investors over the looming Brexit.
There is a possibility the US central bank will retain its interest rates later in the day, clouding worries the United Kingdom might exit the European Union following the June 23 in/out referendum.
That stipulation has plagued markets this week, pressuring traders to bet on safe-haven assets such as the Swiss franc.
The FTSE 100 share index added 0.9%, while the FTSEurofirst 300 index gained 1.1%, breaking its five-day losing stretch.
The material has been provided by InstaForex Company – www.instaforex.com
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