• European stocks close: most stocks closed slightly higher on higher energy and mining stocks

Market news

17 December 2014

European stocks close: most stocks closed slightly higher on higher energy and mining stocks

Most stock indices closed slightly higher on higher energy and mining stocks.

Investors are awaiting a parliamentary vote for president. The Greek presidency candidate is Stavros Dimas. There are three possible votes in parliament. If the candidate isn't elected in three possible votes, the parliament will be dissolved.

The Fed's interest rate decision is also expected. Investors expect that the Fed will keep its low interest rate for a longer period. They are awaiting new signs for further monetary policy in the U.S.

Eurozone's consumer price index dropped 0.2% in November, in line with expectations, after a flat reading in October.

On a yearly basis, Eurozone's consumer price inflation remained unchanged at 0.3% in November, in line with expectations.

Eurozone's consumer price inflation excluding food, energy, alcohol and tobacco remained unchanged at an annual rate of 0.7% in November, in line with expectations.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,336.48 +4.65 +0.07%

DAX 9,544.43 -19.46 -0.20%

CAC 40 4,111.91 +18.71 +0.46%

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.