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European Markets Open Slightly Higher Ahead of Federal Reserve Meeting


Monday, 18 March 2019 15:51 WIB

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European stocks opened slightly higher on Monday morning, amid mounting speculation the U.S. Federal Reserve could sound decidedly dovish at its policy meeting later this week.

The pan-European Stoxx 600 was up around 0.1 percent shortly after the opening bell, with most sectors and major bourses in positive territory.

The U.S. central bank will begin its meeting on interest rates on Tuesday, which ends with a news conference on Wednesday. The Federal Reserve is expected to lower their interest rate forecasts -- or "dot plots" -- to show little or no further tightening in 2019.

Source : CNBC


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