Show news:


News feed and analytics

27.01.2015 19:00

European stock markets mid-session: Indices decline on mixed earnings and concerns over Greece

European indices pause the rally fuelled by the European Central Bank's large scale quantitative easing as investors are cautious after the Greek vote on Sunday. The anti-austerity party Syriza won a decisive victory within 2 seats of the absolute majority. Alexis Tsirpas, the new Prime Minister, has pledged to keep Greece within the monetary union but wants to renegotiate Greek debt. Now all eyes are on the FED's interest rate decision tomorrow to get an indication on when interest rates might rise. Mixed earnings from companies like Siemens and Philips further fuelled market caution.

In the U.K. the preliminary Gross domestic product expanded less-than-expected in the fourth quarter according to the Office for National statistics as construction and production shrank. Consumer demand increased. GDP grew by seasonally adjusted +0.5%, the lowest in a year, in the last quarter of 2014, not meeting forecasts of an increase by +0.6% and less than the previous reading of +0.7%, dampening the economic outlook. Year on year GDP grew +2.7% in the fourth quarter, 0.1% below economist's estimates. An increase of +0.1% compared to the previous quarter.

In today's session the commodity heavy FTSE 100 index is trading -0.51% quoted at 6,817.65. France's CAC 40 lost -1.00% trading at 4,628.21. Germany's DAX 30 is currently trading -1.02% at 10,688.58 points.

Market focus

  • Irish PM Varadkar: Ideally Would Get Brexit Deal By Year End
  • The sentix overall index for Euro Area fell again in November from 11.4 to 8.8 points
  • UK consumer credit increased by £0.8bn in September
  • Spanish unemployment continues at its lowest levels in the last 9 years
November 2018
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
19
20
21
22
23
24
25
26
27
28
29
30

QUOTES