Europe seen higher. CB eyed.

17.06.2015 / 09:25

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European equities are expected to open higher Wednesday as investors await the conclusion of a two-day policy meeting of the U.S. Federal Reserve and a policy review by the European Central Bank (ECB).

Pursuant to CNBC, мarket attention in Europe is focused on the outcome of two key central bank meetings Wednesday - the final day of the Federal Open Market Committee's two-day meeting and the ECB's policy review. The Fed isn't expected to take any action on interest rates today, however, with consensus for a rate hike pushed to September. A press briefing will be held at 14:30 EDT with Fed Chair Janet Yellen.

The ECB, meanwhile, could announce a change to Emergency Liquidity Assistance (ELA) to Greece. ELA is extended by the central bank of Greece to its struggling lenders (but comes, ultimately, from the ECB) and has to be approved by the ECB. Talks between Greece and its international creditors.

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Europe seen higher. CB eyed.

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