• European stock markets mid-session: European indices trading mixed

Market news

2 December 2014

European stock markets mid-session: European indices trading mixed

European indices are trading mixed today. The FTSE 100 index jumped +1.08% quoted at 6,728.30 points supported by strong gains in energy stocks, France's CAC 40 is slightly positive at +0.08% trading at 4,379.88 and Germany's DAX 30 lost -0.24% at 9,939.40 points after trading above the level of 10,000 points earlier in the session reaching highs at 10039.50 points close to its all-time high. Eurozone's Producer Price Index fell in October reading -0.4% on a monthly basis. Analysts forecasts predicted +0.3%, last month's reading was +0.2%. Pressure on the ECB to fight disinflation is growing ahead of its monthly policy meeting scheduled on Thursday but markets don't expect the ECB to announce new measures this week.

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