Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


27.09.2013 10:15

Eurozone economic confidence rises more than forecast

Eurozone economic confidence rose more than expected in September with markedly improved confidence across all business sectors, the European Commission said Friday.

The economic sentiment index climbed to 96.9 in September from 95.3 in August. It stayed above consensus of 96. Among components, improvements in construction and retail trade were particularly pronounced.

Retailers' confidence rose to -7 from -10.6 a month ago. Managers were particularly more positive about the present business situation. Also their assessments of the future business situation and the volume of stocks improved.

The construction sector registered the sharpest confidence increase of all surveyed sectors. Confidence in construction came in -28.8 in September, up from -33.2 in August.

Consumer confidence continued the upward trend persisting since December 2012. Sentiment rose to -14.9 from -15.6, thanks to more optimistic views on the future general economic situation, unemployment expectations and the future financial situation of household.

At the same time, industrial confidence increased 1.1 points to -6.7 in September driven by managers' much more positive assessment of production expectations and, less pronounced, the current level of overall order books and the stocks of finished products.

Services confidence rose to -3.3 from -5.2, resulting from managers' sharply improving appraisals of demand expectations, the past business situation and, to a lesser extent, past demand.

Elsewhere, the commission said business confidence rose marginally to -0.20 in September from -0.22 in August.

27.09.2013 10:30

European stocks declined

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