Asian, European stocks rise on rate cut
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European and Asian stock markets rallied Wednesday in the wake of Wall Street's surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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European equities turned swiftly higher after the US Federal Reserve surprised the markets with an emergency cut in the Fed funds rate by 75 basis points.
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European stock markets rose strongly in early deals after US and Asian shares saw sharp gains in the wake of plunging oil prices.
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Asian stocks rose on Friday as an upbeat Japanese corporate sentiment survey cheered investors, while gold prices traded at a 5-1/2-month high on concerns that high energy costs would lift inflation.
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Asian stocks posted strong gains Monday but European shares closed flat after weakness on Wall Street following news of a record 3.1 trillion dollar US budget proposal.
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Asian stocks rose on Friday as an  upbeat Japanese corporate sentiment survey cheered investors,  while gold prices traded at a 5-1/2-month high on concerns that  high energy costs would lift inflation.
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Asian markets rose sharply today, and European stocks were off to a strong start after the Federal Reserve cut interest rates by half a percentage point yesterday.
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Asian shares rallied on Wednesday after the Federal Reserve's biggest interest rate cut in over two decades, but nagging fears of a U.S. recession prompted many indexes to give up some of their early gains.
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Asian shares jumped to multi-month  highs on Monday on a rally in semiconductor-related issues,  including Japan's Advantest Corp., and European stocks were set  to rise after a rally in U.S. markets.
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European equity markets rallied strongly on Wednesday following the US Federal Reserve&#39;s move to cut its main interest rate by half a percentage point to 4.75 per cent.
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European stocks rose Wednesday, shaking off declines on U.S. stock indexes the previous day, as U.S. investors sought bargains.
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Stocks rose on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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European stocks rose Wednesday, shaking off declines on U.S. stock indexes the previous day, and investors on Wall Street drove up the Dow Jones industrial average by 100 points in the hunt for bargain stocks.
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Stocks rose for a second day on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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Stocks climbed in Europe and Asia on Wednesday, after a surprise hefty U.S. interest rate cut, but persistent worries about a U.S. recession and expectations of even lower rates to come lifted safe-haven government bonds.
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European equity markets rallied this week after the Federal Reserve cut interest rates, helping ease tightness across money markets and raising hopes for a broader shift in monetary policy.
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Asian shares rallied on Wednesday after the Federal Reserve's biggest interest rate cut in over two decades, but nagging fears of a U.S. recession prompted many indexes to give up much of their early gains.