DAX index higher ahead of FOMC meeting minutes

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Source: Dukascopy Bank SA
German DAX index edged higher on Wednesday as Greece moved closer a pro-austerity coalition and investors looked forward the results of FOMC meeting. Index was supported by Bank of England who announced asset purchase program. Utility firms rallied within the index. RWE AG surged 2.3% after Nomura raised the stock's rating from reduce to neutral. E.ON AG added 2.5% after Nomura upgraded equity from neutral to buy. At the moment of writing DAX is 0.2% or 12 points higher at 6,375. 

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