[Europe Open] US 'Big Cut' Sparks Early Broad Gains... UK Up 0.73%

Following the U.S. Federal Reserve's (Fed) 'big cut' (0.5 percentage points) interest rate reduction the previous day and with the Bank of England (BOE) set to make its rate decision, major European stock markets are showing a unified upward trend in early trading.

[Image source=EPA Yonhap News]

As of 5:10 PM KST on the 19th, the UK FTSE 100 index is trading at 8,313.57, up 0.73% from the previous session.

The French CAC index rose 1.09% to 7,526.13, while the German DAX index increased 0.61% to 18,825.46.