London, Wednesday, 15 June 2022
After the European Central Bank announced an unplanned meeting today to review current market conditions, particularly the bond sell-off, major European bourses rose about 1% on Wednesday, halting a 6-day losing streak.
Meanwhile, investors await the Federal Reserve's highly anticipated monetary policy announcement later in the day, with many expecting a 75 basis point raise in the federal funds rate.
(Written and edited by: The Decision Maker - Finance editors)