European seen higher as Powell says Fed to slow hikes
EUROPEAN SEEN HIGHER AS POWELL SAYS FED TO SLOW HIKES (0738 GMT)
European futures are pointing to a start of the day in positive territory for bourses across the region, continuing a global risk-on mood after Federal Reserve Chair Jerome Powell opened the door to a slowdown in the pace of monetary tightening.
The Fed could scale back the pace of its interest rate hikes "as soon as December," Powell said on Wednesday, while cautioning the fight against inflation was far from over.
The pan-region EUROSTOXX 50 futures 
FESX1! is up 0.9%, German DAX futures 
DAX1! rises 0.9% higher and FTSE futures 
Z1! edges 0.14% higher.
(Joice Alves)
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