OctaFX | OctaFX Forex Broker
Open trading account
Back

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.

Forex Flash: Norway’s pace of growth is still the envy of most of the rest of the G10 – TD Securities

GDP figure surprised further to the downside but overall, TD Securities say that Norway’s pace of growth is still the envy of most of the rest of the G10.
Read more Previous

Forex: GBP/USD supported 1.5200 in European session

Cable is oscillating between1.5200/35 above 1.5190 the downside pivot and below 1.5282 to the upside pivot.
Read more Next
Start livechat