European stock markets opened positively today (April 29) as investors kept an eye on the Federal Reserve (Fed) meeting scheduled for this week. After the US revealed higher than expected inflation numbers again on Friday.
The STOXX 600 index opened the market at 508.72 points, plus 0.74 points or +0.15%.
The CAC-40 index of the French stock market opened at 8,116.43 points, adding 28.19 points or +0.35% and the DAX index of the German stock market opened at 18,162.15 points, adding 1.14 points or +0.01%.
Investors are keeping an eye on the Federal Reserve (Fed) monetary policy meeting on April 30 – May 1. The CME Group’s latest FedWatch Tool indicates that investors are putting almost 100% pressure on the Fed to maintain the Interest rate at level 5.25 -5.50% in this meeting.
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