Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



12.07.2013 10:30

European stock indices rose

European stocks increased for a fifth day, their longest stretch of gains in 11 weeks, bolstered by merger and acquisition activity. U.S. stock index futures and Asian shares were little changed.

The benchmark Stoxx 600 rose 0.3 percent to 297.48 at 10:42 a.m. in London, extending its gain this week to 3.2 percent, as Alcoa Inc. started the U.S. earnings season with better-than-estimated results and Federal Reserve Chairman Ben S. Bernanke said the economy still needs stimulus.

European Central Bank executive board member Vitor Constancio said that the euro area’s slow economic recovery “implies that monetary policy has to stay accommodative for a longer period of time.” The U.S. Federal Reserve and the Bank of Japan indicated this week they will continue monetary stimulus.

In China, Finance Minister Lou Jiwei signaled the world’s second-biggest economy may expand less than the government’s target this year and that growth as low as 6.5 percent may be tolerable in the future.

While the government in March set a 2013 growth goal of 7.5 percent, Lou said he’s confident of achieving a 7 percent rate this year. He spoke yesterday at the U.S.-China Strategic and Economic Invensys jumped 15 percent to 504.5 pence after Schneider Electric, the world’s largest maker of low- and medium-voltage equipment, offered to pay 505 pence a share for the British company. The bid comprises 319 pence in cash and 186 pence in new Schneider shares. Invensys said it indicated to the French company that it will probably recommend the offer. Schneider fell 3.7 percent to 55.94 euros in Paris.

RWE increased 0.8 percent to 22.71 euros. The Wall Street Journal reported the German utility is in talks with the Qatar Investment Authority about selling its Dea oil-and-gas business, which has been valued at 4 billion ($5.2 billion) to 7 billion euros. The newspaper cited two people familiar with the matter.

Swedish Match AB gained 2.7 percent to 249 kronor in Stockholm. The Daily Mail reported speculation that Imperial Tobacco Group Plc may make a bid of 350 kronor ($52.51) a share for the maker of smokeless-tobacco products. The newspaper did not cite anyone.

Phoenix Group Holdings, the U.K.’s biggest manager of closed life-insurance funds, jumped 7.1 percent to 699.5 pence after saying it is in preliminary talks to combine with Swiss Re Ltd.’s Admin Re unit.

FTSE 100 6,577.48 +34.07 +0.52%

CAC 40 3,882.44 +13.46 +0.35%

DAX 8,235.67 +76.87 +0.94%


12.07.2013 12:00

Orders

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

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.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page