Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


07.01.2014 11:30

European stock rose

European stocks rose as German unemployment fell the most in two years and investors weighed China’s tighter rules to control its shadow-banking industry. U.S. futures also gained, while Asian shares slid.

The Stoxx Europe 600 Index added 0.2 percent. The benchmark measure has climbed 5.8 percent from its Dec. 13 low. Standard & Poor’s 500 Index futures increased 0.2 percent today, while the MSCI Asia Pacific Index lost 0.4 percent.

Unemployment in Germany declined the most since December 2011, data showed today. The number of people out of work in Europe’s largest economy decreased by a seasonally-adjusted 15,000 to 2.965 million, after increasing a revised 9,000 in November, the Nuremberg-based Federal Labor Agency said. Economists predicted a drop of 1,000. The adjusted jobless rate remained unchanged at 6.9 percent.

China imposed new controls on the multi-trillion-dollar shadow-banking industry, three people familiar with the matter said. The rules include a ban on transactions designed to avoid regulations, such as moving interbank loans off balance sheets to reduce reported levels of lending, said the people. Such operations are part of shadow finance, a term that describes lending outside the banking system.

Vestas Wind Systems climbed 5.4 percent to 196.20 kroner, the highest price since April 2011 for the world’s biggest wind-turbine maker. The stock rose for a 10th day, its longest rally in eight months. Vestas rose 5.5 percent yesterday as it upgraded its estimate for 2013 free cash flow.

Swedish Match fell 4.8 percent to 198 kronor. Citigroup downgraded the shares to sell from neutral, saying competitive pressures will continue in 2014. The brokerage reduced its price forecast for the shares to 193 kronor from 225 kronor.

Hugo Boss AG declined 2.4 percent after Societe Generale SA downgraded the luxury-clothing maker controlled by buyout firm Permira Advisers LLP.

FTSE 100 6,755.31 +24.58 +0.37%

CAC 40 4,240.23 +12.69 +0.30%

DAX 9,477.87 +49.87 +0.53%


Market Focus

  • U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week
  • 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
June 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