• European stocks close: stocks closed lower as investors are awaiting the ECB’s interest rate decision on Thursday

Market news

3 March 2015

European stocks close: stocks closed lower as investors are awaiting the ECB’s interest rate decision on Thursday

Stock indices closed lower as investors are awaiting the ECB's interest rate decision on Thursday.

German adjusted retail sales climbed 2.9% in January, after a 0.6% gain in December. December's figure was revised up from a 0.2% increase. Analysts had expected retail sales to rise 0.6%.

Eurozone's producer price index dropped 0.9% in January, missing expectations for a 0.6% decrease, after a 1.0% decline in December.

Markit's and the Chartered Institute of Purchasing & Supply's construction purchasing managers' index (PMI) for the U.K. rose to 60.1 in February from 59.1 in January, beating expectations for a decline to 59.0.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,889.13 -51.51 -0.74%

DAX 11,280.36 -130.00 -1.14%

CAC 40 4,869.25 -48.07 -0.98%

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.