FTSE 100 up 0.10%; DAX up 0.57%; CAC 40 up 0.90% (Il Sole 24 Ore Radiocor) - Milan, 20 Jun - European shares were moderately higher at mid-session after yesterday's losses, resuming a recent rebound as investors monitored a string of central bank meetings for indications on interest rate moves. The Stoxx 600 index was up 0.43%.

Investors awaited the latest interest rate decision from the Bank of England due today, with the central bank widely expected to hold rates steady at a 16-year high of 5.25%.

A majority of economists polled by Reuters forecast a cut in August, after the country's July 4 election.

Data showed yesterday that UK inflation fell to the Bank of England's target of 2.0% in May. The print is the last key economic measure ahead of national elections.

Meanwhile, the the Swiss National Bank cut rates by 25 basis points to 1.25% and said that it is also willing to be active in the foreign exchange market as necessary. The decision follows a similar move in March.

The Monetary Policy and Financial Stability Committee of Norges Bank, Norway's central bank, said it decided to keep the policy rate unchanged at 4.5% and is likely to keep it at this level until the end of the year, before gradually reducing it.

On the data front, flash consumer confidence figures from the eurozone for June are due today.

Helping support sentiment, US stock futures pointed to a slightly higher open, with key US benchmark indexes hitting fresh highs as the US markets prepared to reopen after yesterday's Juneteenth public holiday.

At 1049 GMT, the London FTSE 100 was up 0.10% at 8,213 points, the Frankfurt DAX was up 0.57% at 18,170 points, the Paris CAC 40 up 0.90% at 7,638 points, while in Milan the FTSE MIB rose 1.02% at 33,560 points, and in Madrid the IBEX 35 was up 0.44% at 11,105 points.

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(RADIOCOR) 20-06-24 13:00:40 (0319) 5 NNNN