European stock markets moved broadly higher,
European stock markets moved broadly higher, with a 0.74% rise in the DAX leading the way after a much stronger than expected ZEW economic confidence reading, and with car producers outperforming. The FTSE 100 managed a gain of 0.35%, supported by strong employment data and despite the latest Brexit wobbles. Overall sentiment improved during the European session, after a mixed close in Asia overnight although most indices managed to close above intraday lows as the Fed announcement tomorrow comes into view with investors expecting a cautious message. Topix and Nikkei closed with losses of -09.21% and -0.08% respectively. The Hang Seng was up 0.19% at the close and the Shanghai Comp also manage to recoup losses and post a 0.18% gain, even though the CSI 300 lost -0.18%. U.S. stock futures are also in positive territory and the front end WTI future is trading at USD 59.52 per barrel.