FX & CFD trading involves significant risk
European stocks mixed results , as investors await progress in negotiations to raise the U.S. debt limit and recovery activities of the government .
Senate Republicans blocked a Democratic plan for suspension of debt ceiling through 2014 , and negotiations between the Republicans in the House of Representatives and President Obama came to a standstill , and Senate Democrats rejected a proposal by Republican Senator Susan Collins, which attracted the interest of many at the end of last week. In addition, Senate Majority Leader Harry Reid and other Democratic leaders met with Obama at the White House , and Reid joined the " very preliminary " talks with Senate Minority Leader Mitch McConnell , who also failed.
Part of the government agencies did not work for almost 2 weeks in the U.S. continues not to leave the main macro-economic statistics , as many economists and activists continue to speak out about the dangers of default. In particular, the threat of a U.S. debt default for the world economy has warned IMF Managing Director Christine Lagarde . Note that in the U.S. today celebrated Columbus Day, but the stock markets work .
Stoxx Europe 600 Index fell less than 0.1 percent to 311.44 . Note that in the current month , the index rose by only 0.3 percent, as U.S. lawmakers can not agree on the budget , which caused a partial " shutdown " of the government . The largest economy in the world exhausts its borrowing authority is already in this Thursday , if Congress does not raise the debt limit .
As for the statistics published in the region , as shown by the latest data , which were presented today by Statistics Eurostat, up to August , industrial production increased at a faster pace than expected , recovering from a decline in the previous month. According to the report , the seasonally adjusted August industrial output increased by 1 percent , thus offsetting the decline in the level of 1 percent, which was recorded in July. It is worth noting that many economists had forecast a modest rise in August, and it was at 0.8 percent, compared with a fall of 1.5 percent, which was originally reported last month . We also recall that in June , industrial production increased by 0.7 percent.
FTSE 100 6,507.65 +20.46 +0.32%, CAC 40 4,222.96 +2.98 +0.07%, DAX 8,723.81 -1.02 -0.01%
Dassault were down 10.5 percent to 86.24 euros , showing the largest decline since August 2011 , after it became known that the revenue in the third quarter , excluding currency effects rose by only 4 per cent, which was considerably less than experts' forecasts of 8-9 percent.
Ericsson AB - the largest manufacturer of wireless networking equipment , fell 2.1 percent to 82.95 euros , as Barclays Plc downgraded the shares to ' sell' , stating that third- quarter earnings may disappoint .
Konecranes decreased by 4.9 percent to 23.13 euros as the company predicts that sales of up to 2013 will be " slightly lower " than last year.
Peugeot fell 10 percent to 11.08 euros , showing the biggest drop since April 2009 , on the background of the fact that the automaker is preparing to sell 3 billion euros ($ 4.1 billion ) of new shares, Reuters reported with reference to the three unknown people .
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.