• European stock markets mid session: stocks traded mixed on the negative economic data from the Eurozone

Market news

12 May 2016

European stock markets mid session: stocks traded mixed on the negative economic data from the Eurozone

Stock indices traded mixed on the negative economic data from the Eurozone. Eurostat released its industrial production data for the Eurozone on Thursday. Industrial production in the Eurozone fell 0.8% in March, missing expectations for a flat reading, after a 1.2% drop in February. February's figure was revised down from a 0.8% decrease.

Non-durable consumer goods output dropped 1.9% in March, capital goods output decreased 1.1%, while energy output increased 2.0%.

Intermediate goods output fell 0.8% in March, while durable consumer goods declined 0.4%.

On a yearly basis, Eurozone's industrial production rise 0.2% in March, missing expectations for a 1.1% rise, after a 0.8% increase in February.

Durable consumer goods climbed by 1.1% in March from a year ago, capital goods rose by 1.6%, non-durable consumer goods slid by 3.0%, while intermediate goods output increased by 1.1%.

Energy output declined by 0.7% in March from a year ago.

The Bank of England is scheduled to release its interest rate decision at 11:00 GMT. The central bank is expected to keep its monetary policy unchanged.

Current figures:

Name Price Change Change %

FTSE 100 6,157.28 -5.21 -0.08 %

DAX 10,015.05 +39.73 +0.40 %

CAC 40 4,334.63 +17.96 +0.42 %

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