European Markets Edge Higher After Dovish Fed Statement Allays Imminent Rate Hike Worries
European stock indices make modest gains on Thursday on the back of dovish commentary from the Fed yesterday.
European stock indices make modest gains on Thursday on the back of dovish commentary from the Fed yesterday that stoked hopes rates won’t rise until the second half of the year, but Greek indices wobble as EU and euro-zone officials and Greek leaders prepare to hold talks on the country’s debt crisis. A trio of UK fashion groups find that investors have flounced off despite strong full-year figures. Fashion retailer Next falls sharply, with smaller peer Ted Baker and luxury shoe maker and retailer Jimmy Choo also teetering.
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