European
stocks traded mixed ahead of Fed monetary policy decision. Market participants
are expecting the Fed will taper its asset purchase program at the usual rate
of US$10 billion per month to US$45 billion per month.
The
inflation in the Eurozone in April was better than in the previous month. The harmonised
consumer price index climbed 0.7% in April (March: 0.5%). Analysts expected a
rise of 0.8%.
Alstom SA
shares increased 9.5% after Alstom confirmed that the company is discussing an
acquisition of its energy business, by General Electric.
Royal Dutch
Shell Plc was up 4.0% after announcing the lower-than-expected fall of its
profit in the first quarter.
Current
figures:
Name Price Change Change %
FTSE
100 6,783.95 +14.04 +0.21%
DAX 9,589.14 +5.02 +0.05%
CAC 40
4,483.79 -13.89 -0.31%