Economic news

Review: European stocks show growth potential

European stocks are expected to open with higher on Thursday as global investors start to get used the possibility of raising interest rates after a series of policy tightening from major Central Bank presidents.

Britain’s FTSE 100 is likely to add 33 points, or 0.45 percent, after the first call, according to financial bookmakers IG, while the pound continues to trade at multi-week highs after the Wednesday’s speech from the head of the Bank of England Mark Carney.

The pound and the euro are trading at 1.1398, the highest level in more than a year that helped push the U.S. dollar index to a nine-month low of 95.81.

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