- Analytics
- News and Tools
- Market News
- European stock markets mid-session: European indices decline with energy shares
European stock markets mid-session: European indices decline with energy shares
European indices further declined led by oil & gas stocks as Brent fell to a fresh 5-1/2 year low on a global supply glut. The political turmoil in Greece further weighed on the markets. The country is heading for snap elections in January where the anti-austerity party Syriza, which opposes the bailout, could win according to polls. Furthermore, after the recent rally, a lot of investors are taking profits as the years end nears.
Eurozone's M3 money supply for December rose by +3.1% beating estimates of an increase of +2.6%, Private Loans were in line with expectations at -0.9%.
Investors are looking ahead to the S&P/Case-Shiller Home Price Indices, Consumer Confidence and API Crude Oil Inventories due later in the day. Trading volumes are expected to remain light ahead of the New Year's holiday.
In today's session the FTSE 100 index dropped -0.89% quoted at 6,574.51. France's CAC 40 lost -0.82% trading at 4,282.43. Germany's DAX 30 is currently trading -0.69% at 9,858.40 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
