European shares rose this morning, lifted by gains on Asian and US markets.<br /><br /> Germany’s DAX opened two to 2.8 percent higher while France’s CAC 40 was expected to climb to 2.5 percent.<br /><br /> Britain’s FTSE 100 also appears set for an upward spiral after this week’s slump fueled by concerns over China’s economic health.<br /><br /> The reversal comes after Beijing rolled out strong policy easing steps late on Tuesday.<br /><br /> Chinese shares were solidly higher yesterday but smaller investors feel confidence will take time to trickle-down.<br /><br /> “China’s stock market is still in a period of weakness and I won’t invest in it until it becomes strong….It’s dropped too much and margin trading is only good for big investors,” said one trader.<br /><br /> Chinese shares plunged more than 20 percent over the past week but the slide appears to have halted. <br /><br /> US stocks also ralled on Wednesday on expectations that the Fed would hold off from hiking interest rates next month due to mounting global uncertainties.
