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European stocks open slightly higher amid dovish Fed, Brexit uncertainty


Friday, 22 March 2019 15:25 WIB

EropaIndeks Stoxx Europe 600


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European stocks opened slightly higher Friday, despite concerns over the Federal Reserve's subdued outlook and ongoing Brexit uncertainty weigh on sentiment.

The pan-European Stoxx 600 was 0.2 percent higher shortly after the opening bell, with most sectors and major bourses in positive territory.

Market participants continued to digest the latest monetary policy move from the Fed. The U.S. central bank on Wednesday abandoned all plans to raise interest rates this year, citing slowing economic activity, and said it would halt the decline of its balance sheet in September.

Source: CNBC


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