FX & CFD trading involves significant risk
The most stock indices declined due to the weak earnings results from companies across Europe. Possible additional stimulus measures by ECB still had an impact on markets.
The industrial production in the Eurozone decreased 0.3% in March, from a 0.3% increase in February. Analysts had expected this figure. The year-on year rate of the industrial production in the Eurozone decreased 0.1% in March, from a 1.7% increase in February.
The comments of the Bank of England (BoE) Governor Mark Carney and the U.K. labour market data had a negative impact on U.K. stock market. Mark Carney said the BoE may wait until next year to hike interest rates.
U.K. unemployment rate declined to 6.8% in March, from 6.9% in February. The claimant count dropped by 25,100 in April, compared to a decline of 30,400 people in March. Analysts had expected a decrease of 31,200 people.
Mediaset SpA shares declined 6.6% after announcing a net loss in the first quarter.
Nordex AG shares increased 11.0% after the company raised its full-year sales outlook for 2014.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,878.49 +5.41 +0.08%
DAX 9,754.39 -0.04 0.00%
CAC 40 4,501.04 -3.98 -0.09%
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.