european stocks steady before fed
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

European stocks steady before Fed

Arab Today, arab today

Arab Today, arab today European stocks steady before Fed

London - AFP

Europe\'s main stock markets mostly steadied on Tuesday as traders digested better-than-expected German investor sentiment data and awaited the start of an all-important US Federal Reserve policy meeting. London\'s FTSE 100 index of leading shares climbed 0.68 percent to stand at 6,373.33 points in late morning deals. But Frankfurt\'s DAX 30 index edged up 0.03 percent to 8,217.85 points and in Paris the CAC 40 nudged down 0.03 percent to 3,862.38. \"European markets have continued to find support... with a small beat on the German ZEW survey propping up stocks,\" said Matt Basi, head of UK sales trading at CMC Markets. \"Most market chatter continues to centre on tomorrow\'s update from Fed Chairman (Ben) Bernanke\" at the conclusion of the US central bank\'s two-day meeting, he added. German investor sentiment rose slightly in June, on firming hopes for a gradual recovery in Europe\'s biggest economy in the second half of the year, the ZEW economic institute said on Tuesday. Its closely watched index rose 2.1 points from May to 38.5. This was better than expected by analysts questioned by Dow Jones Newswires, who had forecast an index of 38.1. \"The financial market experts are sticking to their assessment: The German economy is likely to gain momentum in the second half of 2013,\" said ZEW president Clemens Fuest in a statement. \"The survey results indicate, however, that the economic recovery will proceed timidly. Almost half of respondents expect no significant economic impetus in the next half-year.\" In foreign exchange deals on Tuesday, the European single currency rose to $1.3375 from $1.3367 late in New York on Monday. The dollar increased to 95.20 yen from 94.46 yen on Monday. On the London Bullion Market, the price of gold fell to $1,377.65 an ounce from $1,384.75 on Monday. Investors were tracking closely also the bond markets amid worries over rising yields. Spain\'s short-term borrowing costs climbed sharply on Tuesday as the Treasury raised 5.038 billion euros ($6.7 billion) in an auction of six- and 12-month bills, reflecting renewed investor concern over the ability of the recession-hit country to repay its debts. The Treasury sold 1.087 billion euros\' worth of six-month bills with an average yield of 0.821 percent, up from 0.492 percent from the last similar auction held on May 14. Asian equity markets meanwhile mostly fell on Tuesday, with traders sitting on the sidelines as they await the Federal Reserve\'s plans for its stimulus programme. Financial markets have been unsettled in recent weeks as investors speculate on whether the Fed will continue with its $85-billion-a-month quantitative easing programme, which helped to fuel a global stocks rally. The Fed is expected to announce Wednesday after a two-day meeting when or if it intends to begin reeling in the huge bond-buying scheme as the economy shows signs of picking up. A mixed bag of US data recently has pointed to an uncertain recovery with many analysts predicting the Fed would hold off cutting back on the purchases for the time being. There were, however, some signs of strength in the world\'s biggest economy on Monday with a confidence index of US home builders hitting a seven-year high as they begin to see demand for new homes picking up pace.

arabstoday
arabstoday

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

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides

GMT 15:05 2017 Wednesday ,15 November

Bahrain Bourse daily trading performance

GMT 02:47 2017 Wednesday ,15 November

Asian markets down as fears grow for US tax reform

GMT 19:56 2017 Tuesday ,14 November

Bahrain Bourse daily trading performance

GMT 02:48 2017 Saturday ,11 November

European stock markets fall further
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 steady before fed european stocks steady before fed

 



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 steady before fed european stocks steady before fed

 



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 Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
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 Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
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 Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
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 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” 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 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

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