- Analytics
- News and Tools
- Market News
- European stock markets mid-session: European indices trading higher on upbeat German Factory orders and ahead of U.S. job data
European stock markets mid-session: European indices trading higher on upbeat German Factory orders and ahead of U.S. job data
European indices are trading stronger today rebounding from yesterday's significant losses on upbeat German factory orders ahead of U.S. job data published at 13:30GMT. German factory orders adjusted for seasonal swings and inflation beat expectations, a sign of recovery of the Eurozone's largest economy. Factory orders rose +2.5% in October, a plus of +1.4% compared with September. Eurozone's GDP for the third quarter was in line with expectations according to Eurostat and unchanged to the previous quarter reading +0.2%. European indices had weakened yesterday after Mario Draghi's speech as he did not announce further stimulus measures. The ECB revised down its forecast for economic growth and inflation for the Eurozone through 2016.
The FTSE 100 index gained +0.56% quoted at 6,716.75 points. France's CAC 40 added +1.26% trading at 4,378.21 and Germany's DAX 30 gained +1.27% trading at 9,976.33 points.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
