• European stock markets mid session: stocks traded lower on falling prices

Market news

10 June 2016

European stock markets mid session: stocks traded lower on falling prices

Stock indices traded lower as oil prices continued to decline. Oil prices fell on a stronger U.S. dollar.

No major economic reports were released in the Eurozone.

The Bank of England (BoE) released its quarterly survey on Friday. Consumer inflation expectations for the coming year in the UK rose to 2.0% in June from 1.8% in March.

Inflation expectations for coming two years in the U.K. increased to 2.2% in June from 2.1% in March.

The annual consumer price inflation in the U.K. was 0.3% in April, below the central bank's 2% target.

The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. climbed 2.5% in April, after a 3.6% drop in March.

The increase was mainly driven by rises in all new work and all repair and maintenance. All new work gained 2.9% in April, while all repair and maintenance rose 1.9%.

On a yearly basis, construction output decreased 3.7% in April, after a 4.5% fall in March.

Current figures:

Name Price Change Change %

FTSE 100 6,141.39 -90.50 -1.45 %

DAX 9,899.85 -189.02 -1.87 %

CAC 40 4,338.87 -66.74 -1.51 %

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.