Stock indices traded mixed as market participants continued to closely monitor oil prices.
Stock markets were supported by a weaker euro, which declined after the Swiss National Bank's (SNB) interest rate decision. The central bank kept the rates on sight deposits at minus 0.75% and said that the bank will remain active in the forex market if needed.
Meanwhile, the economic data from France was mixed. The French statistical office Insee its industrial production figures on Thursday. Industrial production in France rose 0.5% in October, beating expectations for a 0.1% decline, after a flat reading in September. September's figure was revised down from a 0.1% increase.
Manufacturing output fell 0.5% in October, while construction output climbed 0.5%.
Output in mining and quarrying, energy, water supply and waste management increased 5.1% in October.
On a yearly basis, the French industrial production climbed 2.3% in October, after a 0.7% gain in September.
The French consumer price inflation declined 0.2% in November, missing expectations for a flat reading, after a 0.1% rise in October.
On a yearly basis, the consumer price index was flat in November, after a 0.1% increase in October.
The U.K. stock index FTSE traded lower ahead the Bank of England's interest rate decision, which is scheduled to be released at 12:00 GMT. Analysts expect the central bank to keep its monetary policy unchanged.
Current figures:
Name Price Change Change %
FTSE 100 6,112.59 -14.09 -0.23 %
DAX 10,633.23 +40.74 +0.38 %
CAC 40 4,657.9 +20.45 +0.44 %
© 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.