1/2 year high 2 LONDON The narrower DJ Euro Stoxx 50 index, which tracks euro-zone blue chips, rose 0.8 percent to 3,008.8 points. Basic resources were the best performers of the day. "Although the structural case for resources (basic resources and oils) is well known in terms of higher prices for commodities, we do not think it is widely believed. People are still quite sceptical," said Cazenove's Hanson. Around Europe, London's FTSE 100 index rose 1.1 percent, and the Paris CAC-40 added 0.65 percent, with both indexes hitting new multi-year highs. Germany's DAX rose 0.6 percent, and Zurich's SMI was up 0.5 percent. Investors will take a cue from an interest rate decision due from the U.S. Federal Reserve after the close of European markets on Wednesday. Traders have priced in a 25-basis-point rate hike but will focus on the central bank's outlook for the U.S. economy and the Fed's stance on future rate hikes. --More 2319 Local Time 2019 GMT
