LONDON — The European markets were making gains during mid-morning trading today, as investors awaited interest-rate decisions from the European Central Bank and the Bank of England.
The FTSE 100 in London was up 1 percent to 6,289.07 points. The DAX in Frankfurt and Milan’s FTSE MIB each increased 0.6 percent, to 7,878.65 and 15,371.78, respectively, while Paris’ CAC 40 climbed 0.8 percent to 3,732.43.
The euro was trading at $1.31 against the dollar and the pound was worth $1.51 at 11:20 a.m. CET.
Retail and luxury stocks were also upbeat, with the morning’s strongest gainers including Asos.com, up 4.1 percent to 42.96 pounds; Kering, which advanced 3.9 percent to 163.65 euros, and Yoox, which rose 3.4 percent to 17.81 euros.
Losing ground was Mulberry, which slipped 3 percent to 8.96 pounds.