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European stocks rebounded after Le Monde reported that the European Central Bank is preparing to buy Spanish and Italian debt.
Thus, the publication of Le Monde reported that the European Central Bank is ready to buy Spanish and Italian bonds. At the same time, the Bundesbank said that Germany had not changed its opinion on the ECB's purchases of government bonds, as the ECB's unlimited purchases of government bonds would be contrary to the mandate and believes that public deficits should not be financed by printing money.
Support at the opening of markets has had a positive corporate reporting.
Shares of Danone, one of the world's largest producers of dairy products rose by 1.3%. Adjusted profit for the first half increased to 911 million euros from 874 million euros with an average forecast of analysts in I 901 euros.
Capitalization of PPR, the owner of the brand Gucci, rose by 5.9%. Operating profit for the six months ended June 30 rose to 20% - up to 815.3 million euros. The median estimates of the experts assumed figure at 785 million euros.
At the moment:
FTSE 100 5,570.99 -2.17 -0.04%
CAC 40 3,217.88 +10.76 +0.34%
DAX 6,569.69 -13.27 -0.20%
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