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- European stock markets mid session: stocks traded mixed after the ZEW economic sentiment data from the Eurozone
European stock markets mid session: stocks traded mixed after the ZEW economic sentiment data from the Eurozone
Stock indices traded mixed after the ZEW economic sentiment data from the Eurozone. Germany's ZEW economic sentiment index decreased unexpectedly to 53.3 in April from 54.8 in March, missing expectations for a rise to 56.0.
It was the first decrease since October 2014.
The decline was driven by lower export prospects.
The ZEW President Clemens Fuest said that Germany's economy "is in good shape".
Eurozone's ZEW economic sentiment index rose to 64.8 in April from 62.4 in March, beating expectations for a gain to 63.7.
The Greek debt problem continue to weigh on markets. The country is still running out of cash, and it needs a new tranche of loans. The Greek government hopes to unblock a new tranche of loans at the Eurogroup meeting on April 24.
Current figures:
Name Price Change Change %
FTSE 100 7,048.48 -3.65 -0.05 %
DAX 11,943.19 +51.28 +0.43 %
CAC 40 5,181.61 -5.98 -0.12 %
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