Stock indices traded mixed after the mostly positive economic data from the Eurozone. The European Commission released its economic sentiment index for the Eurozone on Tuesday. The index increased to 105.6 in September from 104.1 in August. It was the highest level since April 2011.
August's figure was revised down from 104.2.
Analysts had expected the index to remain unchanged at 104.1.
The increase was driven by improvements in the industry, services and retail trade sectors.
The industrial confidence index increased to -2.2 in September from -3.7 in August, beating expectations for a decline to -3.8.
The final consumer confidence index was down to -7.1 in September from -6.9 in August, in line with expectations.
The business climate index climbed to 0.34 in September from 0.2 in August. Analysts had expected the index to remain unchanged at 0.2.
The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Tuesday. The number of mortgages approvals in the U.K. was up to 71,030 in August from 69,010 in July, exceeding expectations for an increase to 70,000. It was the highest reading since May 2008.
Consumer credit in the U.K. rose by £860 million in August, after a rise by £1.163 billion in July.
Net lending to individuals in the U.K. increased by £4.3 billion in August, exceeding expectations for a £4.1 billion, after a £4.0 billion gain in July. July's figure was revised up from a £3.9 billion increase.
Current figures:
Name Price Change Change %
FTSE 100 5,929.65 -29.21 -0.49 %
DAX 9,510.6 +27.05 +0.29 %
CAC 40 4,363.72 +6.67 +0.15 %
© 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.