• European stock markets mid session: stocks traded lower after the weaker-than-expected economic data from Germany

Market news

27 October 2014

European stock markets mid session: stocks traded lower after the weaker-than-expected economic data from Germany

Stock indices traded lower after the weaker-than-expected economic data from Germany. German Ifo business climate index fell to 103.2 in October from 104.7 in September, missing expectations for a decline to 104.6. That was the lowest level since December 2012.

Eurozone's adjusted M3 money supply climbed 2.1% in September, exceeding expectations for a 2.2% increase, after a 2.1% gain in August. August's figure was revised up from a 2.0% rise.

Eurozone's private loans fell 1.2% in September, beating forecasts of a 1.3% decrease, after a 1.5% drop in August.

Current figures:

Name Price Change Change %

FTSE 100 6,382.23 -6.50 -0.10%

DAX 8,952.74 -35.06 -0.39%

CAC 40 4,115.57 -13.33 -0.32%

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