http://www.bloomberg.com/news/2014-09-17/europe-stock-index-futures-climb-before-fed-policy-update.html
An eight-day winless streak in European stocks ended today as optimism that central bankers around the world will continue to support economic recovery helped the Stoxx Europe 600 Index rebound from a two-week low. U.S. index futures were little changed, while Asian shares rose.
Air France-KLM Group gained 3.4 percent after France’s prime minister asked its pilots to end a strike. DS Smith Plc advanced 5.4 percent after saying sales are increasing at a faster pace than last year. Daily Mail and General Trust Plc dropped to an 11-month low after saying a delayed release of its risk-management-solutions product will result in an impairment and higher costs. Cie. Financiere Richemont SA fell 3.7 percent after five-month sales growth missed estimates.
The Stoxx Europe 600 Index climbed 0.6 percent to 344.82 at 12:01 p.m. in London. The gauge had declined 1.7 percent since Sept. 4 when the European Central Bank’s surprise decision to cut interest rates and start buying securitized debt sent European equities to a two-month high. Standard & Poor’s 500 Index futures added less than 0.1 percent today, while the MSCI Asia Pacific Index rose 0.2 percent.
“A strong U.S. economy will reassert itself as the engine for global growth,” said James Butterfill, London-based head of global equity strategy at Coutts & Co., which manages 28.7 billion pounds ($47 billion). “The Fed will probably say they will continue to taper quantitative easing to have it end in October or November, and continue low rates for long. I don’t think we’ll have clarity on when the first rate hike will be. They will leave that one open purely because there have been a few weaker data points.”
= new reply since forum marked as read