Milan's FTSE MIB gains nearly 1% (Il Sole 24 Ore Radiocor) - Milan , 23 Aug - European share prices were higher ahead of a speech slated for 1400 GMT from Federal Reserve chairman Jerome Powell, who is anticipated to confirm expectations of a September rate cut and provide other indications on the US central bank's future interest rate policy.

At 1050 GMT, London's FTSE 100 was up 0.30% at 8,313.16 points while in Frankfurt the DAX added 0.64% to 18,613.65 points and in Paris the CAC 40 climbed 0.59% to 7,568.59 points. Milan's FTSE MIB gained 0.96% to 33,631.00 points and Madrid's IBEX 35 rose 0.70% to 11,233.99 points.

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(RADIOCOR) 23-08-24 12:55:42 (0239) 5 NNNN