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02.08.2012 10:29

European indices show a slight increase

Today we have published data on the index of producer prices in the eurozone. The actual value was slightly lower than forecast.

However, at this point the focus of the market is today's ECB meeting. Investors are hoping for poderzhku debt markets by buying troubled eurozone bonds

Last week, the head of the European Central Bank, Mario Draghi has promised that the central bank will do "everything necessary" within its mandate to protect the euro.

Statement M.Dragi was seen as a signal to markets that the ECB intends to support the debt markets by buying bonds of troubled eurozone countries. Quotes of debt in Spain and Italy have increased dramatically in the M.Dragi statements, which led to a decrease in yield. Growth responded to the words of the ECB and other financial markets.

At the moment:

FTSE 100 5,729.60 +16.78 +0.29%

DAX 6,774.01 +19.55 +0.29%

CAC 3,327.57 +6.01 +0.18%

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