Business & Economy
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European stock markets climb at open

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AFP, LONDON :

European stock markets rose at the start of trading Tuesday, the eve of an expected cut in interest rates from the US Federal Reserve that has been long-awaited by investors.

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London’s FTSE 100 index gained 0.7 percent to 8,335.00 points, one day before key British inflation data and ahead of the Bank of England’s latest decision on borrowing costs due Thursday.

In the eurozone, the Paris CAC 40 index won 0.5 percent to 7,486.97 points and Frankfurt’s DAX gained 0.3 percent to 18,688.59.

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