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26.02.2015 16:00

European Stocks. First hour: Stocks little changed after opening pausing the recent rally

European stocks are little changed in early trading on Thursday as markets remain cautious about the Greek debt deal and take a breather after the recent rally. The IMF and the ECB warned that the reform plans are not detailed enough and Athens will have to take further steps to ensure further bailout releases.

Data from Eurozone's biggest economy was better-than-expected. The German Gfk Consumer Confidence Survey index rose to 9.7 from 9.3 in January, slightly better than the forecasts of 9.6.

The FTSE 100 index is currently trading +0.08% quoted at 6,940.63 points. Germany's DAX 30 is trading -0.01 at 11,209.21 points. France's CAC 40 gained +0.02%, currently trading at 4,883.02 points.

Market focus

  • Bundesbank: German growth to remain subdued at least in first half of 2019
  • EU will react swiftly if U.S. hits it with car tariffs - European Commission
  • Unemployment in the UK remained at 4%, as expected
  • Bank of Japan Governor Kuroda: BOJ policy does not have currency manipulation as its target
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