Stock indices in Western Europe show a bullish mood. Investors are waiting for new data on the US labor market and try to assess the possible impact on the course of monetary policy by the Federal Reserve System, including the timing of the next increase in interest rates.
The official data of Ministry of Labor of unemployment in the US will be released today at 12:30 GMT. According to the average forecast of analysts, the number of jobs in the US increased by 18 th in August after increasing by 255 thousand. In July and the unemployment rate fell to 4.8% from 4.9% a month earlier.
The head of investment firm FXPrimus Marshall Gittler Department: "If the Fed is going to raise rates, it will happen in September or December, and if they hope to raise rates twice this year early good labor market conditions are extremely important".
The composite index of the largest companies in the region Stoxx Europe 600 rose 0.6% to 345.56 points.
Shares of the French hotel chain Accor SA increased by 2.5% after analysts at Barclays raised their rating to "overweight".
McCarthy & Stone Plc shares fell by 12%, as the company expects the UK decision to withdraw from the EU and changes in the monetary policy of the Bank of England will be deprived of its ability to achieve its objectives for this year.
SBM Offshore's shares fell 13.5% after Brazilian prosecutors have refused to deal with the Dutch owner of the fleet production vessels, which would allow the company to avoid prosecution in connection with allegations of corruption because of contracts with oil company Petrobras.
At the moment:
FTSE 6803.47 57.50 0.85%
DAX 10558.23 23.92 0.23%
CAC 4480.61 40.94 0.92%