European indices are trading lower today as concerns over Greece continue to weigh after the ECB unexpectedly cancelled the acceptance of Greek bonds in return for funding forcing the Greek central bank to provide billions of emergency liquidity for banks in the weeks to come.
Today data on German Factory orders for December came in at +4.2%, largely higher than the expected 1.5% with a reading of -2.4% in the previous month.
The Halifax House Price Index for January rose by +2.0%, beating forecasts of a slight increase of +0.2%. In the three months to January the index rose by +8.5%, higher than the +7.8% predicted by economists.
The Bank of England kept its benchmark interest rates unchanged at 0.50%. The Asset Purchase facility remained at 375 billion pounds. The policy committee voted unanimously.
Market participants look ahead to a set of U.S. data including Initial Jobless Claims.
The commodity heavy FTSE 100 index is currently trading -0.48% quoted at 6,827.08 points. Germany's DAX 30 lost -0.44% trading at 10,863.82. France's CAC 40 is currently trading at 4,664.30 points, -0.68%.
© 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.