• European stocks are moving in different directions

Market news

31 July 2012

European stocks are moving in different directions

Trading in Europe opened growth futures. Positives came from the expectations of the new measures to stimulate the economy, which may declare at a meeting of the ECB (August 2 this year). U.S. Fed meeting will be held on August 1. Special attention to the investors are the U.S. Federal Reserve meeting at which a decision will be made public by the level of the base interest rate.

Negative trading background has provided economic data on unemployment in Germany in July 2012 So, according to the Federal Employment Agency of Germany, the number of unemployed in Germany, seasonally adjusted, in July 2012 increased by 7 thousand from the previous month.

At the moment:

FTSE 100 5,688.67 -4.96 -0.09%

DAX 6,814.67 +40.61 +0.60%

CAC 3,326.30 +5.59 +0.17%

Net profit of BP in the I half 2012 fell by 2.9 times compared to the same period last year, in connection with the shares were down 3.37%.

The bank UBS, has cut its net profit more than doubled, shares fell by 5.03%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.