business
European stock markets rise at open
In the eurozone, Frankfurt's DAX 30 index jumped 1.2% to 9,948.21 points and the Paris CAC 40 won 0.2% to 4,501.81. – Reuters pic, March 14, 2016.European stock markets rose at the start of trading today following a strong start to the week across Asia, as traders looked ahead to more central bank action.
London's benchmark FTSE 100 index climbed almost 0.2% to 6,150.21 points compared with Friday's close.
In the eurozone, Frankfurt's DAX 30 index jumped 1.2% to 9,948.21 points and the Paris CAC 40 won 0.2% to 4,501.81.
The Bank of Japan started a two-day meeting today, while the Federal Reserve and Bank of England also gather this week.
Markets are keen to see if Japanese policymakers unleash fresh stimulus, after launching a widely-panned negative interest rate policy in January, while the Fed talks will be watched for clues about a possible timeline for more rate hikes.
The meetings come after the European Central Bank last week cut rates and boosted its bond-buying in a bid to kickstart the tepid eurozone economy.
The Bank of England is expected to leave its main lending rate at 0.50% following a gathering later in the week. – AFP, March 14, 2016.
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