9/22, 9:02 AM (Source: TeleTrader)
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Europe opens higher following rebound

Major stock markets in Europe opened higher on Wednesday, following yesterday's rebound from losses. Investors will also be looking ahead to the outcome of the United States Federal Reserve meeting, as they hope the Fed will give an indication on the timeline of its tapering of asset purchases. Meanwhile, rising gas prices in the United Kingdom continue to disrupt businesses, and Liberty Global plans to sell its Polish business to Iliad.

The DAX started 0.72% in the green, led by Deutsche Bank increasing 1.98%. The FTSE 100 was up by 0.80% at the opening bell, with Flutter Entertainment rising 5.34%. The CAC 40 began 0.95% higher, as ArcelorMittal gained 3.45%.

The euro stood flat against the dollar trading for $1.17263 at 9:04 am CET, while the pound declined 0.10% against the American currency changing hands for $1.36466 at the same time.

Breaking the News / OL