European markets set to start the trading day higher as investors digest Fed decision

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European stocks are expected to open higher on Thursday as markets react to the Fed's announcement that it will start to taper its bond-buying program.

's Monetary Policy Committee decision later on Thursday where the bank will decide whether to pull the trigger on interest rate hikes. Policymakers have intimated that a hike is imminent.It's a busy day for earnings in Europe on Thursday, with key corporate reports Credit Suisse, BMW, Commerzbank, Deutsche Post,Tate & Lyle, BT, Monte dei Paschi di Siena, Enel and SocGen.

Data releases include the final purchasing manager's index composite data for the euro zone in October and German industrial orders for September.Sign up for

 

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