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Euronews
Euronews
Doloresz Katanich

European markets recover ahead of expected Fed rate hike

Kevin Warsh Donald Trump Inflation US Federal Reserve Jerome Powell Jonathan Pingle Kevin Hassett United States

European shares edged higher on Wednesday as lower oil prices and stabilising government bond yields offered investors some relief ahead of an expected US interest-rate increase.

The benchmark Euro STOXX 50 was up 0.5% at around midday, while Germany’s DAX, France’s CAC 40 and Britain’s FTSE 100 also recorded modest gains.

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