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- European stock markets mid session: stocks traded mixed ahead of Fed monetary policy decision
European stock markets mid session: stocks traded mixed ahead of Fed monetary policy decision
European
stocks traded mixed ahead of Fed monetary policy decision. Market participants
are expecting the Fed will taper its asset purchase program at the usual rate
of US$10 billion per month to US$45 billion per month.
The
inflation in the Eurozone in April was better than in the previous month. The harmonised
consumer price index climbed 0.7% in April (March: 0.5%). Analysts expected a
rise of 0.8%.
Alstom SA
shares increased 9.5% after Alstom confirmed that the company is discussing an
acquisition of its energy business, by General Electric.
Royal Dutch
Shell Plc was up 4.0% after announcing the lower-than-expected fall of its
profit in the first quarter.
Current
figures:
Name Price Change Change %
FTSE
100 6,783.95 +14.04 +0.21%
DAX 9,589.14 +5.02 +0.05%
CAC 40
4,483.79 -13.89 -0.31%
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