• European stocks close: stocks traded little changed

Market news

2 September 2014

European stocks close: stocks traded little changed

Stock indices traded little changed. Market participants speculate that the European Central Bank (ECB) will add further stimulus measures. The ECB will released its interest rate decision on Thursday.

USA and the European Union threatened further economic sanctions on Russia. Investors have concerns that sanctions against Russia would have a negative impact on the economic growth in the Eurozone.

Eurozone's producer price index fell 0.1% in July, after a 0.2% gain in June. June's figure was revised up from a 0.1% increase. Analysts had expected the producer price index to be flat.

On a yearly basis, Eurozone's producer price index dropped 1.1% in July, in line with expectations, after a 0.8% decline in June.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,829.17 +3.86 +0.06%

DAX 9,507.02 +27.99 +0.30%

CAC 40 4,378.33 -1.40 -0.03%

Market Focus
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