Investors are inspired by US Fed's head speech

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Investors are inspired by US Fed's head speech

November 29, 2018 - 10:12
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European stocks gained right after opening today, Bloomberg reports. Shares of mining and IT-companies are leading within stock index of Europe that followed US futures higher after comments of US Fed’s head.

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European stocks gained right after opening today, Bloomberg reports. Shares of mining and IT-companies are leading within stock index of Europe that followed US futures higher after comments of US Fed’s head.

Stoxx Europe 600 Index gained 0,6%. Shares of Rio Tinto grew by 2,8%, while shares of Glencore increased by 3,1%. Italian index FTSE MIB gained 1% amid optimistic mood of the country’s Premier Minister in regards to budget deficit.

Investors are waiting for any positive signals from the meeting of US and China Presidents during G-20 summit. American stocks traders were inspired after US Fed’s head announced that central bank can pause interest rates hikes next year.