The pan-European index rose as much as 1.9% in the previous session, following Donald Trump’s landslide victory
European shares rose in early trade today, buoyed by shares of banks and raw materials companies, as attention focused on monetary policy decisions by the US Federal Reserve and other major central banks.
The pan-European STOXX 600 index rose 0.3% at 10:10 Greek time. The raw materials index rose 1.7% as base metal prices rebounded. Eurozone banks were earlier up 1.1%.
The pan-European index rose as much as 1.9% in the previous session, following Donald Trump’s sweeping victory in the US presidential election.
Foreign exchange: The euro strengthens 0.30%, to 1.0759 dollars
In the foreign exchange market, the euro against the dollar rises by 0.30% and stands at 1.0759 dollars.
The euro is at 165.6620 yen, 0.8322 against the pound and 0.9426 against the Swiss franc.
The dollar was down 0.35% against the yen at 153.9790 yen.
Sterling is up 0.39% against the dollar at $1.2927.
Source: Skai
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