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European shares near to record high

European shares near to record high

The pan-European STOXX Europe 600 index added 0.11% to 458.81 points on Tuesday. Federal Reserve officials meet to discuss the path for the country's monetary policy. Investors watching the Fed meeting all over the world, it is huge event for all markets. Recent rise in inflation brought concerns about global monetary policy. Market analyst Jeffrey Halley said that "The street is heavily positioned with the Fed in the transitory indication corner."

Steady vaccination programme helped regional economic growth and it helped to grow benchmark index during previous 5 weeks. Regarding to the portal Investing, energy stocks tracked a jump in Brent crude to its highest since April 2019. In UK was leader in profits FTSE 100, even after data from Bank of England's showed British inflation unexpectedly jumped.

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Performance of STOX 600 (Source: Investing.com)