Arab Today, arab today european stocks dip before greek debt talks
Last Updated : GMT 04:23:43
Arab Today, arab today
Arab Today, arab today

European stocks dip before Greek debt talks

Arab Today, arab today

Arab Today, arab today European stocks dip before Greek debt talks

European stocks
London - AFP

European stocks dipped Monday on fresh worries over Greece's upcoming debt talks in Brussels, with investor sentiment also dented by Ukraine's shaky ceasefire.
London's benchmark FTSE 100 index sagged 0.20 percent to stand at 6,859.40 points in late morning deals in the British capital.
Frankfurt's DAX 30 shed 0.45 percent to 10,914 points and the CAC 40 index in Paris reversed 0.12 percent to 4,753.80 compared with Friday's close.
The Greek market however crashed by more than four percent before a key meeting of eurozone finance ministers over Athens' controversial proposals to overhaul its bailout.
"Discussions between Greece and fellow eurozone nations are set to continue this week, after last week’s failure to make any breakthrough in negotiations," said ETX Capital analyst Daniel Sugarman.
He added that "a final agreement would appear to depend on at least one of the two sides making significant concessions."
The Greek market was the heaviest faller on investor fears that Greece and its international creditors, led by European paymaster Germany, would fail to reach an agreement.
"Time and money are running out for Greece," said Holger Schmieding of Berenberg financial analysts.
"A subtle change in tone in Athens suggests that the new Greek government has started to notice.
"But whether Prime Minister (Alexis) Tsipras has really grasped how close he has already pushed Greece to the abyss of wholesale financial crisis, recession and 'Grexit', and whether he is ready to perform the inevitable U-turn to avoid that fate remains a very open question," he said.
Tsipras has admitted the meeting of the 19 eurozone finance ministers, which kicks off at 1400 GMT, will be "difficult" and that "it is early to speak of an agreement."
Greece risks being forced out of the euro -- in what has been dubbed a "Grexit" -- if a deal is not found by the end of the month, when its mammoth 240 billion euro bailout runs out.
- 'Old bugbears are back' -
Meanwhile, investors are increasingly anxious over Ukraine.
Under a peace plan inked by the rebels and Kiev both sides were meant to start withdrawing heavy weaponry from the frontline no later than two days after the start of a truce that came into effect from 2200 GMT Saturday.
However fighting still persists around the key government-held town of Debaltseve and both sides accuse each other of continued firing.
"The old bugbears are back to stalk markets," said analyst Chris Beauchamp at trading firm IG.
"The ceasefire in Ukraine, barely a day old, is already looking shaky, while anxious eurozone markets turn their eyes to the latest meeting between finance ministers, who are recommencing the uphill struggle to hammer out an agreement between Greece and its partners."
Asian equities had however advanced Monday after a record close on Wall Street, while Greece's leadership expressed confidence it could hammer out a new debt deal with European creditors.
Markets are hoping a deal can be reached before the end of the month, when Greece's bailout is due to expire. Failure to agree an extension would see it default on its giant debts and likely mean it would crash out of the eurozone.
Japanese shares ended above 18,000 points for the first time in more than seven years, supported by data showing the nation's economy had exited recession.
Tokyo rose 0.51 percent to finish at 18,004.77 -- the first time it has been above the psychologically key level since July 2007.
Hong Kong added 0.18 percent, Shanghai climbed 0.58 percent, Sydney added 0.19 percent and Seoul was marginally higher..
The European single currency meanwhile firmed to $1.1403 in late morning London deals from $1.1393 late in New York on Friday.

 

arabstoday
arabstoday

GMT 16:08 2017 Saturday ,14 October

US stocks rise on strong retail sales; Europe mixed

GMT 04:42 2017 Saturday ,14 October

Egyptian Bourse gains EGP 2.6 bn

GMT 04:32 2017 Saturday ,14 October

US stocks rise on strong retail sales; Europe mixed

GMT 20:52 2017 Thursday ,12 October

Egyptian Bourse loses EGP 3 bn

GMT 13:12 2017 Thursday ,12 October

Bahrain Bourse daily performance

GMT 11:06 2017 Thursday ,12 October

Wall Street ends at fresh records; Spanish stocks gain

GMT 21:13 2017 Wednesday ,11 October

Bahrain Bourse daily trading report (update)
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*

Arab Today, arab today european stocks dip before greek debt talks Arab Today, arab today european stocks dip before greek debt talks

 



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*

Arab Today, arab today european stocks dip before greek debt talks Arab Today, arab today european stocks dip before greek debt talks

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Airbus CEO says won't cling to job

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 'Final phase' of battle for Raqa

GMT 03:47 2017 Monday ,16 October

'Final phase' of battle for Raqa
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms
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 Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Norway seeks 'Tesla tax' on electric cars

GMT 08:17 2017 Friday ,13 October

Norway seeks 'Tesla tax' on electric cars
Arab Today, arab today Safaa Sultan happy for “Love School”

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”
Arab Today, arab today Conservation cutbacks put Brazil's

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:19 2017 Wednesday ,11 October

Bosy reveals behind her participation in festival

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:20 2017 Thursday ,12 October

Chad extends key conservation area

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:16 2017 Friday ,13 October

Lufthansa to swallow lion's share

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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