european stocks recover from nervous session
Last Updated : GMT 00:27:23
Arab Today, arab today
Arab Today, arab today

European stocks recover from nervous session

Arab Today, arab today

Arab Today, arab today European stocks recover from nervous session

Washington - AFP

European stock markets recovered from early losses Friday, as investors struggled to find direction amid receding hopes of fresh economic stimulus from the Fed and diplomatic manoeuvring on Greece. London\'s benchmark FTSE 100 index of top companies ended the day unchanged at 5,776.6 points, while in Frankfurt the DAX 30 gained 0.31 percent to 6,971.07 points and in Paris the CAC 40 edged up 0.02 percent to 3,433.21 points. US stocks also reversed gear in midday trading with the Dow Jones Industrial Average up 0.49 percent and the tech-heavy Nasdaq rising 0.40 percent. The European single currency fell to $1.2532 from $1.2562 late in New York on Thursday, when it had struck a seven-week peak at $1.2590. Markets crawled back into the green in the final minutes of trade on \"reports the European Central Bank was exploring setting yield targets on market borrowing prices,\" said Alexandre Baradez, analyst at Saxo Bank in Paris. Sentiment was bearish most of the session with continued speculation over new stimulus measures in the United States after minutes released this week from the Federal Reserve\'s latest policy meeting showed US central bankers worried about slowing growth. British growth figures, showing gross domestic product shrank 0.5 percent between April and June, also weighed on the mood. That tallied with expectations and marked an upgrade from the prior estimate of a 0.7-percent contraction. Britain was already in recession after posting two successive negative quarters since late 2011. The economy shrank by 0.4 percent in the fourth quarter of last year and by 0.3 percent in the first quarter of 2012. Concerns about Greece added to the nervous day, with Prime Minister Antonis Samaras meeting German Chancellor Angela Merkel as Athens struggles to meet reform conditions for continued financial aid. Merkel offered Samaras a ray of hope, stressing that she wanted debt-burdened Greece to stay in the eurozone and pledging German help. \"I am deeply convinced that the new Greek government, under the leadership of Prime Minister Samaras, is doing everything to solve the problems that Greece is facing,\" the German chancellor said following the talks. Merkel has said she is waiting for the so-called troika of auditors from the European Union, International Monetary Fund and the European Central Bank to complete a review of Greece\'s performance under the bailout plan before agreeing to revisit any terms. Samaras goes on to meet French President Francois Hollande in Paris on Saturday. Borrowing costs for Italy and Spain rose meanwhile, with the interest rate or yield on 10-Italian bonds at 5.716 percent on public debt markets, compared with 5.699 percent on Thursday. Spain\'s 10-year rate rose to 6.419 percent from 6.346 percent on Thursday. Poor industry-related data from China and the eurozone released Thursday increased concerns about the slowdown in the global economy. In Asian trade Friday, Tokyo dipped 1.17 percent and Hong Kong fell 1.25 percent.

arabstoday
arabstoday

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

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance
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 recover from nervous session european stocks recover from nervous session

 



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 recover from nervous session european stocks recover from nervous session

 



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 The Big Apple bike boom

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Leaders of Russia, Iran, Turkey meet

GMT 10:12 2017 Wednesday ,22 November

Leaders of Russia, Iran, Turkey meet
Arab Today, arab today 'Advanced' cyber attack targets Saudi Arabia

GMT 10:18 2017 Wednesday ,22 November

'Advanced' cyber attack targets Saudi Arabia
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 May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
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 Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
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 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

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 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 13:41 2017 Tuesday ,21 November

French choke up over proposal

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb

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