European stocks set to rise, futures gain 0.2% after Fed hike

  • European equity markets prepared for a higher open after the Federal Reserve raised interest rates.
  • Euro Stoxx 50 and Stoxx 600 futures each gained around 0.2%.
  • Saudi Arabia aims to restore half its East-West pipeline capacity within days, reports said.

European equity markets were poised for a higher open after the US Federal Reserve delivered a widely anticipated interest rate hike while signaling that additional tightening may be needed to contain inflation. Lower oil prices provided further support after reports said Saudi Arabia aims to restore about half of its East-West pipeline capacity within days and return the system to full operation within six weeks. Investors awaited the Bank of England’s policy decision, with rates broadly expected to remain unchanged, although policymakers could point to a possible move later this year as energy costs rise. Final Eurozone inflation figures for August were also due, while no major European corporate earnings were scheduled. Euro Stoxx 50 and Stoxx 600 futures each rose about 0.2% in premarket trading.

当サイトの情報はAIを用いて生成されており、正確性を保証するものではありません。 参考情報としてご活用ください。