European stocks waver at open after rate calls
MG News | December 17, 2021 at 03:15 PM GMT+05:00
0:00
December17, 2021: Europe's stock markets wavered at the open on Friday as dealers contemplated a raft of major monetary policy announcements.
London's benchmark FTSE 100 index rose 0.3 percent to 7,278.85 points, one day after the Bank of England hiked its key interest rate to fight surging inflation.
In the eurozone, the Paris CAC 40 index added 0.1 percent to 7,011.27 points but Frankfurt's DAX index fell 0.2 percent to 15,608.16.
All three markets had rallied Thursday after the US Federal Reserve and European Central Bank also laid out inflation-fighting plans.
AFP/APP
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