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The pan-European STOXX 600 index (STOXX) inched 0.3% higher by 0717 GMT, extending a winning run this week.
Markets globally appeared to be in a holding pattern ahead of the U.S. Federal Reserve’s policy announcement, with investors expecting somewhat rosier economic forecasts but a renewed pledge to keep interest rates low for as long as the U.S. economy needs to recover from a pandemic-driven downturn.
London’s blue-chip shares (FTSE) slipped 0.1%, dragged lower by banking shares.
Inditex (MC:ITX) said it saw a 74% jump in online sales in the first half, pushing its shares 4.2% higher. The retail sector (SXRP) was up 1.4%.
