- European stocks rise
Market news
European stocks rise
Positive impact on investors has news that U.S. President Barack Obama and Republicans can come to an agreement on the budget. Obama said he is confident that the government and the Congress before Christmas can agree on how to avoid the "fiscal cliff." Between the Democrats who control the Senate, and Republicans have a majority in the House, there is a "complete agreement, at least in theory," the need to preserve the "Bush" tax breaks for the "middle class."
Optimistic comments were heard from the speaker of the U.S. House of Representatives John Boehner that the Republicans can come to an agreement with the White House on the budget.
Unemployment in Germany in November 2012 did not change and remained at the October level of 6.9%, according to data of the Federal Employment Agency (BA) of Germany.
FTSE 100 5,850.16 +46.88 +0.81%
CAC 40 3,548.85 +33.66 +0.96%
DAX 7,393.36 +49.95 +0.68%
Shares of Rio Tinto Group climbed 2.3%. Paper Volkswagen AG gained 0.9% through the extension of the agreement on a joint venture with Chinese automaker FAW Group. Invensys Plc capitalization increased by 13%, recommendations svyazis Barclays and Bank of America to buy shares of the company.
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