European stocks were reaching the skies for a ninth successive month on Thursday following Ben Bernanke’s, head of the U.S. Federal Reserve, and Mario Draghi’s, head of the European Central Bank, stern arguments for looser monetary policies on both sides of the Atlantic.
The Stoxx Europe 600 index rose half a point to 288.65, jumping 0.9 per cent compared to a day earlier. The wider optimistic trading disposition arose after Bernanke, following his additional day of congressional statements on Wednesday, repeated the argument that the Fed’s super-slack monetary-easing policy is required to upkeep the economy.
In other European news, Germany’s DAX 30 index increased 0.8 per cent to 7,734.56, with shares of Bayer AG climbing 2.6%. In the U.K, the FTSE 100 index picked up 0.3 per cent and managed climbed to 6,344.18.





