European stocks and euro rise after Georgia Senate races

European stocks rose as trade opened, after the results of two Georgia Senate races showed Democrats were on the verge of controlling the upper house. Raphael Warnock won one of two Senate rounds in Georgia early Wednesday, according to the Associated Press, while fellow Democrat Jon Ossoff wins by a narrow margin. The French CAC 40 PX1,
-0.15%
rose 0.7%, and the German DAX DAX,
-0.08%
and UK FTSE 100 UKX,
+ 0.48%
also advanced. The yield of the German 10-year bund TMBMKDE-10Y,
-0.553%
fell to -0.53%, and the euro EURUSD
+ 0.20%
Advanced.