European shares rise as oil retreats; BoE decision eyed
European equities climbed, helped by lower oil prices and a pause in the global bond selloff after the Fed’s widely anticipated rate hike; STOXX 600 gained 0.5% to 640.21 by 0830 GMT.
European shares climbed on Thursday, supported by lower oil prices and a pause in the global bond selloff after the U.S. Federal Reserve delivered a widely anticipated interest rate hike. The pan-European STOXX 600 rose 0.5% to 640.21 points by 0830 GMT.