March 11, 2020 / 7:47 AM / a month ago

BoE rate cut lifts European stocks futures

FILE PHOTO: The Bank of England logo is seen on a lectern during the launch event for the new note design at the Turner Contemporary gallery in Margate, Britain, October 10, 2019. Leon Neal/Pool via REUTERS/File Photo

LONDON (Reuters) - Futures FFIc1 for London's blue chip index FTSE 100 .FTSE jumped in early trading on Wednesday after the Bank of England cut interest rates by half a percent to bolster Britain's economy against disruption caused by the coronavirus outbreak.

Futures for other European bourses, such as Germany’s DAX FDXc1 or Paris’ CAC 40 FCEc1 were up 0.5% and 1.3% respectively.

Julien Ponthus

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