TELETRADER News
3/16, 9:03 AM (Source: TeleTrader)
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Europe soars at open as traders brace for Fed vote

Shares on the major European stock market indexes rallied on Wednesday as the investors awaited the United States Federal Reserve's decision on interest rates and the country's monetary policy in general.

On the earnings front, German car giant BMW saw a 12.4% increase in revenue in 2021, while the sales of Essen-based energy firm E.ON surged 27% during the last year.

The DAX jumped 2.34% at 9:02 as Delivery Hero skyrocketed 3.94% a minute later. The CAC 40 soared 2.09% as the session started, with Renault gaining 5.18%. The FTSE 100 added 1.47% at the same time as Polymetal International moved up by 5.66% a minute later. The euro went up by 0.07% compared to the dollar, selling for 1.09641, with the pound flat versus the greenback a minute later, going for 1.30460.

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