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9/22, 5:35 PM (Source: TeleTrader)
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Europe jumps at close ahead of Fed rate decision

Major European stock markets ended Wednesday's session in the green territory ahead of the interest rate decision by the United States Federal Reserve coming later today.

On the data front, a preliminary report showed Eurozone consumer confidence improved by a bit during September. Commenting on the Evergrande situation, Bank of Japan Governor Haruhiko Kuroda insisted earlier in the day that the issue which caused a significant market crash this week likely won't become a long-term global problem.

The DAX gained 1.03% or 158 points at the close. The FTSE 100 rose by 1.47%, as Antofagasta surged by 6.88%. The CAC 40 advanced by 1.29%, with ArcelorMittal soaring 4.49%. The euro went up by 0.09% against the dollar to 1.17361 at 5:32 pm CET, while the pound stood flat at $1.36593.

Breaking the News / ND