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13.02.2015 19:00

European stock markets mid-session: Indices trade steady at the end of the week

European stocks trade steady on a light data day. The German DAX is heading for its 9th weekly gain, the longest winning streak in 17 years. The weaker euro is supporting export-heavy sectors.

Worries over Greece continue to weigh but equities remain supported by the ECB's quantitative easing started on Monday. The ECB is buying bonds worth 60 billion euros a month.

Today Greek Prime Minister Alexis Tsipras said that his country has already started fulfilling its commitments mentioned in the Eurogroup. He said he is optimistic about finding a solution as it is in common interest. He re-affirmed that he is pro-european.

The commodity heavy FTSE 100 index is currently trading -0.11% quoted at 6,753.38, down for the week. Germany's DAX 30 added +0.05% trading at 11,805.07, below its all-time high set at 11,845.9 yesterday. France's CAC 40 is currently trading at 4,987.98 points, +0.01%.

13.02.2015 18:31

European stocks climbed

Market focus

  • UK PM Theresa May says that she is to step down on 7 June
  • UK retail sales remained unchanged in April
  • Italy’s Deputy Prime Minister Salvini says EU fiscal rules must be changed
  • President Trump says 'dangerous' Huawei could be included in U.S.-China trade deal
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