U.S. and European exchanges rose ahead of the Fed meeting

Stock indices in the USA and Europe ended yesterday's trading with growth ahead of the Fed meeting. Players expect a more lenient monetary policy from the regulator after the problems that began in the banking sector in both the United States and Europe. Most analysts (70%) expect a 25 basis points rate hike on Wednesday, according to a CME Group survey, reports Prime. Principal Global Investors analyst Seema Shah, whose opinion is cited by Bloomberg, also called such a decision most likely.

Players on Monday also estimated news about purchase of the problem Swiss bank Credit Suisse by its main competitor - UBS. The deal took place at a price lower than the one at which its shares closed on Friday. Investors considered it risky that was reflected in falling of securities of both banks on Monday - the first by 58% and the second - by 14%.

The Dow Jones gained 1.20 percent, the S&P 500 gained 0.89 percent and the NASDAQ gained 0.39 percent at the close of trading. The German DAX added 1.12%, the British FTSE 100 gained 0.93% and the French CAC 40 gained 1.27%.