• European Stocks. First hour: European indices adding gains – DAX near all-time-high

Market news

2 December 2014

European Stocks. First hour: European indices adding gains – DAX near all-time-high

European stocks are trading higher early in today's session after yesterday's losses as investors speculate on additional stimulus by the ECB amid disappointing Chinese and European data. The next ECB policy meeting is scheduled for the 4th of December. Mario Draghi said the ECB might include sovereign debt in its asset buying program.

Markets were lifted by a rise in energy stocks after oils brief rebound. Markets look ahead to data on the Eurozone's Producer Price Index published at 10:00 GMT and later in the session Fed Chairman Janet Yellen's speech at 13:30 GMT.

The FTSE 100 index is currently trading positive adding +1.25% quoted at 6,739.50 points, Germany's DAX 30 continued to climb and is trading above the omportant level of 10.000 points +0.60% at 10,022.91 close to an all-time-high above 10,050 points. France's CAC 40 gained +0.93%, currently trading at 4,417.86 points.

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