The European market starts rising

As investors prepared for the latest monetary policy decision by the US Federal Reserve (Fed), the European stock market on Wednesday expanded its rise from the previous market, and closed high.

In Asia, the Bank of Japan raised the policy interest rate to 0.25% and indicated a policy to reduce government bond purchases, so the market rose from a sense of relief.

Meanwhile, opinions are divided among investors as to whether the Bank of England will cut interest rates this week.

Other than that, Eurozone inflation data for July will be announced later today, and major companies such as HSBC, GSK, and Adidas will announce financial results.

Euro Stoxx 50 futures rose 0.8% in pre-market trading.