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Markets Today: UK Inflation Sticky, Gold Prices Retreat, FTSE 100 Hovers at 200-Day MA Ahead of FOMC Decision
['Zain Vawda', 'Market Analyst']
MarketPulse
This happened as investors were waiting for the US Federal Reserve's decision on monetary policy later in the day.
The overall European STOXX 600 index rose by 0.1% to 551.56 points, after hitting a one-week low on Tuesday.
However, investors will be paying especially close attention to what Chairman Jerome Powell says about the future policy plans.
In other company news, PostNL's shares rose by 7.5% after the company announced a new strategy, including dividing its Parcels business into two new segments, E-commerce and Platforms, starting in January 2026.
The U.S. dollar index, which compares the dollar to six other major currencies, was up 0.20% at 96.84, after hitting its lowest level since early July on Tuesday.
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