Arab Today, arab today european stocks rise ahead of rate decisions
Last Updated : GMT 08:29:34
Arab Today, arab today
Arab Today, arab today

European stocks rise ahead of rate decisions

Arab Today, arab today

Arab Today, arab today European stocks rise ahead of rate decisions

London - AFP

Europe\'s main stock markets advanced on Thursday morning ahead of interest rate decisions from the European Central Bank and the Bank of England. London\'s benchmark FTSE 100 index of top companies added 0.13 percent to 5,833.37 points, Frankfurt\'s DAX 30 won 0.36 percent to 7,348.39 points and in Paris the CAC 40 gained 0.17 percent to 3,411.91. Madrid\'s IBEX 35 index increased 0.72 percent to 7,880.80 points before the outcome of crucial bond auctions. In foreign exchange activity, meanwhile, the euro climbed to $1.2945 from $1.2903 late in New York on Wednesday. Later today, at 1100 GMT, the Bank of England will announce the outcome of its latest monetary policy meeting and is expected to maintain its stimulus plans and keep its key interest rate at a record-low 0.50 percent. Shortly afterwards, at 1145 GMT, the European Central Bank is forecast to hold interest rates and other policy moves as it takes stock of the market impact of its latest plans to fight the eurozone sovereign debt crisis, analysts say. \"It\'s all about the central banks today, starting with the meeting of the BoE,\" said Alpari analyst James Hughes. \"No change is expected in monetary policy this month, with the central bank likely to wait until next month when it will know if the UK moved out of recession in the third quarter.\" He added: \"This will be followed by the ECB rate decision and press conference. With the interest rate expected to remain at 0.75 percent, Mario Draghi is likely to questioned on the progress being made on bailout discussions with Spain.\" \"Spain continues to hold out against a bailout... Given the reluctance of Spain to show its hand at this stage there is a possibility that demand might struggle in the face of the bailout uncertainty,\" said CMC Markets analyst Michael Hewson. Across in Ljubljana, Slovenia, where the ECB is holding its monthly monetary policy meeting, investors will pay particular attention to president Mario Draghi\'s comments on Spain, dealers said. \"Investors will also be meticulously analysing any indications from the ECB during a conference today as to whether Spain is actually any closer to requesting a bailout,\" said Spreadex trader Shavaz Dhalla. \"The ECB\'s main financing rate is expected to stay at 0.75 percent as policymakers await requests from any struggling eurozone nations, specifically Spain, for help in order to active the new bond programme.\" Last month, Draghi vowed to ride to the aid of countries like Spain by buying unlimited volumes of bonds to drive down borrowing costs, sending markets soaring as investors saw a turning point in the crisis. But after a period of calm, markets have suffered fresh volatility amid doubts over whether Spain will apply for a bailout necessary for ECB help and continued problems in Greece, the origin of the near three-year euro crisis. Asian markets mostly rose on Thursday as investors cheered upbeat US economic data, but nagging concerns over Europe kept advances in check. Sentiment was lifted by Wall Street, which ended in positive territory after jobs and services figures provided some hope for the economy. Investors will focus Friday on eagerly-anticipated non-farm payrolls data.

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 rise ahead of rate decisions Arab Today, arab today european stocks rise ahead of rate decisions

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 13:43 2017 Sunday ,19 February

Local institutional buying lifts Oman shares higher

GMT 15:33 2017 Saturday ,18 February

Lock-up shares worth 39 bln yuan eligible for trade

GMT 09:49 2017 Saturday ,18 February

Qatar Stock Exchange Index Gains 190.17 Points This Week

GMT 09:15 2017 Friday ,17 February

Asia stocks retreat after week-long Trump rally

GMT 08:14 2017 Friday ,17 February

Bahrain Bourse daily trading report

GMT 21:28 2017 Thursday ,16 February

US Stocks End High on Tuesday
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
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