european stocks before fed stimulus
Last Updated : GMT 18:08:33
Arab Today, arab today
Arab Today, arab today

European stocks before Fed stimulus

Arab Today, arab today

Arab Today, arab today European stocks before Fed stimulus

London - AFP

European stock markets fell on Thursday as dealers waited to see whether the Federal Reserve would announce measures to stimulate the US economy at a monetary policy meeting. London\'s benchmark FTSE 100 index dipped 0.08 percent to 5,782.05 points in late morning deals, Frankfurt\'s DAX 30 dropped 0.35 percent to 7,317.89 points and in Paris the CAC 40 shed 0.64 percent to stand at 3,521.11. The Madrid market slid 1.0 percent and Milan gave up 0.65 percent. Company news was dominated by a possible tie-up between British arms manufacturer BAE Systems and European aerospace giant EADS which controls Airbus. After shooting higher Wednesday in response to the possibility of a shock deal, BAE shares slumped 6.44 percent to 340 pence in Thursday trading. In Paris, EADS fell almost eight percent. The two giants revealed they were in talks to create a global aerospace and defence leader that would better rival US giant Boeing. They envisaged BAE owning 40 percent of the enlarged group, with EADS holding a majority 60-percent stake. In foreign exchange deals, the euro rose to $1.2919 from $1.2899 late in New York on Wednesday, when the European single currency went above $1.29 for the first time for four months. \"Today sees the finale in the series of major events that have dominated over the past two weeks,\" said Chris Beauchamp, market analyst IG Index trading group. \"The Fed will announce its latest policy decision, with many still expecting a burst of stimulus from (chairman) Ben Bernanke. \"What we are likely to see is an extension to the period of ultra-low interest rates, but we would need to see something fairly impressive if the Fed is to avoid creating a wave of disappointment. \"The trend from the important announcements of late, be they from the ECB, a German court or Ben Bernanke, has been broadly positive, and today\'s Fed meeting could help to top off what has been a reasonable late summer for markets.\" The US central bank was due to conclude its two-day meeting later Thursday and most economists have predicted a third round of Fed bond-buying, or quantitative easing (QE3), to spur domestic growth. European stock markets and the euro won a boost on Wednesday from German approval for a new firewall, clearing a key hurdle in solving the debt crisis. Germany\'s Constitutional Court overturned a raft of legal challenges aimed at preventing President Joachim Gauck from signing the European Stability Mechanism (ESM) and fiscal pact that will act as a debt brake. With the 500-billion-euro (645-billion-dollar) ESM in place and a beefed-up European Central Bank ready to intervene massively on the markets, the EU\'s crisis fighting machinery is taking shape, and has elicited positive response on markets where borrowing costs for weaker eurozone states continued to fall. Italy\'s borrowing costs plunged on Thursday in an auction of medium- and long-term bonds that raised 6.5 billion euros, indicating an easing of tensions on eurozone financial markets. Italy raised 4.0 billion euros in bonds falling due in 2015 at 2.75 percent from 4.65 percent before, 1.5 billion euros due in 2026 at 5.32 percent from 5.9 percent and 1.0 billion euros due in 2017 at 3.71 percent from 4.60 percent. Demand for the bonds was three times the amount on offer, the Bank of Italy said. In the eurozone, Dutch Liberal Prime Minister Mark Rutte vowed to work hard to quickly form a cabinet after receiving a solid mandate to battle Europe\'s debt crisis at the expense of anti-EU populists. His ruling VVD won Wednesday\'s election with 41 seats, just two more than centre-left Labour, while far-right leader Geert Wilders\' PVV party suffered a humiliating defeat and far-left Socialist leader Emile Roemer made no gains.

arabstoday
arabstoday

GMT 02:02 2017 Thursday ,23 November

Asian markets rally after Wall St lead, euro struggles

GMT 22:40 2017 Wednesday ,22 November

Bahrain Bourse daily trading performance

GMT 11:50 2017 Tuesday ,21 November

European stocks shrug off Germany's political woes

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european stocks before fed stimulus european stocks before fed stimulus

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european stocks before fed stimulus european stocks before fed stimulus

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Jordanian journalist happy of her career

GMT 17:37 2017 Thursday ,23 November

Jordanian journalist happy of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday