(raw materials / closing price /% change)

Gold $1,335.8 +5.30 +0.40%

ICE Brent Crude Oil $106.92 +0.67 +0.63%

NYMEX Crude Oil $99.55 +1.02 +1.04%

(index / closing price / change items /% change)

Hang Seng 21,436.7 +254.54 +1.20 %

Shanghai Composite 2,047.62 +54.14 +2.72 %   

S&P 500 1,866.52 -5.49 -0.29%

NASDAQ 4,276.79 -42.50 -0.98%

Dow 16,302.77 -28.28 -0.17%

FTSE 6,557.17 +14.73 +0.23%

CAC 4,335.28 +7.37 +0.17%

DAX 9,342.94 +46.82 +0.50%

The Federal Reserve Bank of Cleveland President Loretta Mester said in Paris on Monday that the Fed's bond-buying programme and low interest rate will push inflation toward the Fed's 2% target.

She noted that outlook for the U.S. economy is positive. If the U.S. economy faces problems in the future, the Fed could use "unconventional tools" again, Mester said.

The Cleveland Fed president also said that quantitative easing in the U.S. have shown "some bubble-like things".

European stocks dropped. Market participants were focussed on euro zone purchasing managing index (PMI). The figures beat expectations. Manufacturing PMI (Preliminary) of the Eurozone increased to 53.3 in April from 53.0 in March. The projected figure was 53.0. But there are concerns about further quantitative stimulus measures by the European Central Bank.

Weak earnings of Ericsson had a negative influence on stock markets.

Ericsson - the Swedish mobile telecom equipment maker – fell 4.70% after announcing the worse-than-expected revenue in the first quarter.

Scania AB shares declined 4.5 percent after a shareholder rejected Volkswagen AG’s offer for remaining shares in the Swedish company.

AB Foods (ABF) climbed 8.2 percent caused by the first-half operating profit increase of its Primark clothing-retail business.

Banca Monte dei Paschi di Siena SpA increased 3.9% because of Goldman Sachs’ upgrade of the stock to neutral from sell.

Current figures:

Name                                   Price                                     Change                 Change %

FTSE 100                              6,670.06                               -11.70                   -0.18%

DAX                                       9,574.39                               -25.70                   -0.27%

European stocks dropped. Market participants were focussed on euro zone purchasing managing index (PMI). The figures beat expectations. Manufacturing PMI (Preliminary) of the Eurozone increased to 53.3 in April from 53.0 in March. The projected figure was 53.0. But there are concerns about further quantitative stimulus measures by the European Central Bank.

Weak earnings of Ericsson had a negative influence on stock markets.

Ericsson - the Swedish mobile telecom equipment maker – fell 4.70% after announcing the worse-than-expected revenue in the first quarter.

Scania AB shares declined 4.5 percent after a shareholder rejected Volkswagen AG’s offer for remaining shares in the Swedish company.

AB Foods (ABF) climbed 8.2 percent caused by the first-half operating profit increase of its Primark clothing-retail business.

Banca Monte dei Paschi di Siena SpA increased 3.9% because of Goldman Sachs’ upgrade of the stock to neutral from sell.

Current figures:

Name                                   Price                                     Change                 Change %

FTSE 100                              6,670.06                               -11.70                   -0.18%

DAX                                       9,574.39                               -25.70                   -0.27%