European stocks open higher ahead of central bank meetings; China offers US trade olive branch

Wednesday, 11 September 2019 14:20 WIB

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European stocks opened higher Wednesday morning as investors looked ahead to key central bank meetings, while trade tensions and the risk of a no-deal Brexit have cooled for now.

The pan-European Stoxx 600 rose 0.3% after the opening bell, basic resources jumping out to 1% gains while oil and gas stocks slipped 0.2%, as most sectors and major bourses traded in positive territory.

The European Central Bank (ECB) meets Thursday to decide its latest monetary policy, with markets cautiously hopeful of a fresh stimulus package to boost the ailing euro zone economy.

Meanwhile, senior White House advisor Peter Navarro on Tuesday moved to calm expectations for the next rounds of U.S.-China trade talks, which are set to begin in October.

Source : CNBC


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