European stocks opened higher Monday, June 12, at the start of a week full of important central bank meetings on monetary policies, and shares of the Swiss drug company Novartis rose after it agreed to buy the US-based Chinook.<\/p>\n\n\n\n
The pan-European Stoxx 600 index rose 0.3%.<\/p>\n\n\n\n
The Federal Reserve, European Central Bank and Bank of Japan all hold important meetings this week.<\/p>\n\n\n\n
The US Federal Reserve is expected to keep interest rates unchanged on Wednesday at the conclusion of its two-day monetary policy meeting, while the European Central Bank is expected to raise interest rates by another quarter of a percentage point on Thursday to tame runaway inflation.<\/p>\n\n\n\n
Novartis shares rose 1.1% after the company said it had agreed to acquire Seattle-based Chinook Biotechnology Corp. in a deal worth up to $3.5 billion.<\/p>\n\n\n\n
The European healthcare sector index rose 0.6%, and German sportswear maker Adidas jumped 3.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"
European stocks opened higher Monday, June 12, at the start of a week full of important central bank meetings on monetary policies, and shares of the Swiss drug company Novartis rose after it agreed to buy the US-based Chinook. The pan-European Stoxx 600 index rose 0.3%. The Federal Reserve, European Central Bank and Bank of …<\/p>\n","protected":false},"author":9,"featured_media":62193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-85223","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=85223"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85223\/revisions"}],"predecessor-version":[{"id":85224,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85223\/revisions\/85224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62193"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}