European indices recover after the political turmoil in Greece and the slump in energy and commodity prices. Markets were under pressure yesterday after Prime Minister Antonis Samaras announced bringing forward a parliamentary vote on a new head of state on December 17th. Markets were further weighed down by China's decision to set new restrictions on collateral for short-term loans. The FTSE 100 index is currently trading +0.33% quoted at 6,521.44 points, Germany's DAX 30 added +0.52% trading at 9,850.86 after German CPI on a monthly basis was in line with expectations and +0.6% on a yearly basis beating expectations by +0.1%. France's CAC 40 added +0.49%, currently trading at 4,248.44 points. France's CPI disappointed with a reading of -0.2%. Analysts expected a rise of +0.2%.
Markets await the ECB's Monthly report published at 09:00 GMT and Eurozone's Targeted LTRO at 10:15 GMT.
© 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.