FXStreet (Mumbai) – The European stocks advanced for the second day on increased hopes of more ECB easing next week.
Miners rally
Mining stocks and Auto stocks rallied across the continent. The pan-European Euro Stoxx 600 index was up 0.4% at the time of writing.
Shares in the UK’s Glencore advanced 3.6%, along with a 3% rise in Anglo American and 2.5% rise in Antofagasta. Germany’s RWE AG ST was up 2%, along with a 2.6% rise in the France’s Arcelor Mittal shares.
The European benchmark had rallied 1.4% yesterday after the Reuters report said the ECB is considering a number of unconventional measures.
(Market News Provided by FXstreet)