European stocks have risen on the back of indications that the US will raise interest rates in December. European stock markets have rebounded, hopping onto the coat-tails of a global rally after the Federal Reserve suggested a likely US interest rate increase in December on growing economic confidence.

Heightened security fears in the wake of the Paris terror attacks and caution ahead of an update from the Federal Reserve had pushed European markets lower on Wednesday. Stocks rebounded first on Wall Street on Wednesday and then across Asia and Europe on Thursday after the release of minutes from the US central bank reinforced expectations of a hike in the interest rate next month.

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