• European indices show a slight increase

Market news

17 July 2012

European indices show a slight increase

European markets were trading in the green zone amid speculation about stimulating the economy by the Fed.

The two-day performance of Ben Bernanke is scheduled for today and tomorrow. Semi-annual report will be submitted to the Federal Reserve on the economy and monetary policy. Expected to be announced more radical monetary stimulus measures and support the economy.

Today we have published data on the index of sentiment in the business environment of the ZEW institute in July. In German figure was -19.6 (-14.5 at the forecast), -22.3 for the euro area (the forecast of -18.3).

At the moment:

FTSE 100 5,648.86 -13.57 -0.24%

CAC 40 3,194.68 +14.78 +0.46%

DAX 6,594.12 +28.40 +0.43%

Shares of Barclays and Lloyds Banking Group rose 0.92% and 0,23%, Societe Generale and BNP Paribas - 1.14% and 0.63%, paper, Deutsche Bank and Commerzbank fell 0.63% and 0.65 %.

Shares of chipmaker CSR soared by 37.1% due to Samsung Electronics plans to buy mobile business CSR approximately $ 300 million

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