European markets have opened higher today, amid signs of some progress to end the US budget stalemate after the US House Republicans showed willingness to consider a short-term increase in the nation’s debt-ceiling.

Closer home, investors awaited the Bank of England’s monetary policy decision that is widely expected to remain unchanged, as the UK central bank might stick to its earlier commitment to keep interest rates on hold while unemployment stays above its target.

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.