LONDON: European stocks rebounded on Friday following sharp losses the previous session, as markets tracked a meeting of the world's biggest economies in Japan.
Around 1330 GMT, London's benchmark FTSE 100 index rallied 1.4 percent compared with Thursday's close.
Frankfurt's DAX 30 index won 0.9 percent and the Paris CAC 40 jumped 1.2 percent.
Europe's main stock markets had slumped on Thursday, with London shedding 1.8 percent in value, as traders reacted to concerns about a possible US rate hike next month.
In foreign exchange Friday, the euro rose to $1.1229 from $1.1203 late in New York on Thursday.
"Risk appetite has returned to equity markets," said Mike van Dulken, head of research at traders Accendo Markets.
"An easing in dollar strength helping commodity prices hold up and oil pointing back towards $50 is helping reinstill confidence."
Wall Street also opened higher, with the Dow adding 0.4 percent in the first five minutes of trading.
"US stocks are rebounding from yesterday's decline in early action, with the global markets showing some resiliency in the face of heightened Fed rate hike expectations," said analysts at brokerage Charles Schwab.
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