European indices continue to rise after a pause with good corporate results boosting sentiment almost reversing previous losses. Recently markets were supported by the unprecedented economic stimulus program known as quantitative easing unveiled on the 22^nd by the ECB. The influence of the outcome of the Greek elections on the markets was limited.

Data on Germany's Gfk Consumer Confidence Survey for December showed a reading above estimates with 9.3 points compared to 9.0 in the previous month. Analysts expected an increase to 9.1 points.

The FTSE 100 index is currently trading +0.24% quoted at 6,827.84 points. Germany's DAX 30 added +0.51% trading at 10,682.36, below its all-time high at 10,810.57 points hit on Tuesday. France's CAC 40 rose by +0.30%, currently trading at 4,638.19 points.

Today all eyes will be on the Federal Open Market Committee Statement following the FED's interest rate decision at 19:00 GMT - after European trading hours. The FOMC is expected to retain the "patient" approach to rise benchmark interest rates.