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- European stock markets mid session: after a slightly positive start in the morning European stock indices turned negative
European stock markets mid session: after a slightly positive start in the morning European stock indices turned negative
At the moment the FTSE 100 is down -0.16% trading at 6,477.49, the DAX -0.01% at 9,250.34 points and the CAC 40 -0.26% at 4,183.08 points making the DAX the biggest loser trading in the first hour at +0.40% after the European Commission cut its growth forecast for the euro zone. Gross domestic product will rise by 0.8 percent this year and 1.1 percent in 2015, down from projections for 1.2% and 1.7% in May, the European Commission announced today. Lower projections for Germany and inflation in the euro area will be even weaker than the ECB predicts.
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