European stocks open higher on bets Fed to delay rate hike

Source: Marketwatch
© ScanPix/AFP
Equity market in Europe opened higher on Thursday, as sluggish economic data from China and the US is likely to keep the Fed from hiking rates this year. Germany's DAX 30 index edged 0.99% up, while the UK's FTSE 100 index advanced 1.03%. Among the other indices, the French CAC index gained 0.88%, while the pan-European Euro Stoxx index increased 1.08%. Investors are also waiting for the ECB measures aimed at reaching inflation target.   
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