FX & CFD trading involves significant risk
Stock indices traded higher on speculation the European Central Bank (ECB) will add further stimulus measures. Analysts expect that the ECB President Mario Draghi will announce on Thursday a 550 billion-euro bond-buying programme.
European stocks also benefited from the better-than-expected ZEW economic sentiment index from the Eurozone. Germany's ZEW economic sentiment index increased to 48.4 in January from 34.9 in December, exceeding expectations for a rise to 40.1.
Eurozone's ZEW economic sentiment index rose to 45.2 in January from 31.8 in December, beating expectations for a gain to 37.6.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,620.1 +34.57 +0.52%
DAX 10,257.13 +14.78 +0.14%
CAC 40 4,446.02 +51.09 +1.16%
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