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European stocks rose, breaking a three-day series of recession, which is associated with the expectation of meeting the Foreign Ministers of the European Union to discuss sanctions against Russia. U.S. index futures are little changed, while Asian shares rose.
Recall that last night the UN Security Council unanimously approved a resolution demanding an international investigation of the crash Malaysia Airlines in the Donetsk region.
Today, the foreign ministers of the European Union will meet in Brussels on new sanctions against Russia. However, the fact that the militants handed "black boxes" crashed over Ukraine Boeing representatives of Malaysia, and the members of the OSCE monitoring mission had full access to the crash site, reduces the likelihood of adoption of new sanctions Tuesday action against Russia, experts say.
Meanwhile, we add that the ground offensive in Gaza also remains in the spotlight. Hopes for a cease-fire in the Gaza Strip rose after U.S. Secretary of State John Kerry and UN chief Ban Ki-moon arrived in Cairo for talks aimed at ending the bloodshed.
The price of the Swiss pharmaceutical company Actelion Ltd. increased by 2.9% after forecasting annual profits.
Shares of the second largest bank in Switzerland, Credit Suisse Group AG fell 2.6% in trading in Zurich. Credit Suisse recorded in the II quarter of the largest net loss in 2008 due to a fine of $ 2.6 billion in the United States. On Tuesday, the bank announced its withdrawal from the feed business under reorganization investment banking division.
The market value of the Norwegian aluminum producer Norsk Hydro AHA decreased by 1.7% as the company's financial results were weaker than market expectations.
Quotes of the securities of the French advertising company Publicis Groupe SA fell 3.9%. Because of the strong euro revenue in the II quarter decreased by 1.5% to 1.76 billion euros, missing the consensus.
Royal Mail shares fell 0.6% after the announcement that the revenue from the transportation of parcels in the three months to June 29, down 1% compared to the same period last year. The company added that it is still likely to reach their target annual figures.
Paper IG Group Holdings Plc rose 6.9 percent after the announcement of a final dividend in the amount of 22.4 pence per share, which was more than the experts' forecasts at 18.05 pence per share.
At the current moment
FTSE 100 6,784.44 +56.00 +0.83%
CAC 40 4,341.54 +36.80 +0.85%
DAX 9,696.11 +84.06 +0.87%
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