European stocks rebound at open

European stock markets have rebounded strongly at the open, with London's benchmark FTSE 100 index rallying 0.90 per cent to 6,540.72 points ahead of a Bank of England interest rate decision. Frankfurt's DAX 30 index on Thursday jumped 0.97 per cent to 9,082.66 points and the CAC 40 in Paris surged 1.32 per cent to stand at 4,222.98 compared with Wednesday's closing level. European indices, which had been falling since Tuesday, shot higher at the start of trading following hefty gains on Wall Street. US stock markets had soared on Wednesday as minutes from the Federal Reserve's latest meeting indicated policymakers were nervous about raising interest rates too soon. The minutes showed the central bank board aired worries about the stronger US dollar, a stumbling eurozone economy, slowing growth in China and Japan, and geopolitical risks. On Thursday, the Bank of England is widely expected to hold its main interest rate at 0.50 per cent, where it has stood for five and a half years, according to skynews.com