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European equity markets mixed after EMU CPI

FXstreet.com (Barcelona) - The European stock markets are currently a mixed bag Thursday, unable to mount any manner of movement in either direction. Indeed, the biggest action came earlier with the release of economic data in the euro bloc, however since then the markets have opted for a lull. In the EMU, the Consumer Price Index (YoY) has grown +1.2% in April vs. estimates of +1.2%. Moreover, the Consumer Price Index – Core (YoY) has yielded +1.0% in April, matching a projection of +1.0%. Finally, the Consumer Price Index (MoM) fell -0.1% in April, in line with expectations.

Beginning with the indices and composites, the EURO STOXX 50 fell -0.18% as it settles in region of 2804.53, down -5.15 points in these moments. In addition, the FTSE 100 is trading in positive territory, operating at 6702.34, ascending +8.79 points or +0.13% at the time of writing. Finally, the DAX has weakened recently, trading in the zone of 8352.79 presently -0.12% after a movement of -9.63 points.

Moving to commodities the prices of gold and silver are trading at USD $1372.62 and $22.20 per oz. respectively. In addition, the price of crude is operating at USD $93.40/bbl Thursday.

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