Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

02.04.2014 10:30

European stock rose

Most European stocks climbed as investors awaited reports that may show the U.S. economic recovery is gathering pace following the harsh winter. U.S. index futures were little changed, while Asian shares advanced.

The Stoxx Europe 600 Index gained 0.2 percent to 336.99 at 10:28 a.m. in London as more than three stocks rose for every two that fell. The benchmark has climbed 3.9 percent since March 24 as better-than-forecast U.S. consumer-confidence data signaled the world’s largest economy has rebounded from the bad winter.

“Stabilizing growth and disinflationary pressures in recent data globally have been the signal to buy stocks,” Daniel Weston, a portfolio manager at Aimed Capital GmbH in Munich, said in an interview. “The room for continued accommodative policy remains while the inflation genie is kept in the bottle, leading investors to continue being bullish stocks.”

A report from ADP Research Institute will probably show that U.S. companies added more workers last month than in February. A separate release from the Commerce Department at 10 a.m. may show factory orders climbed in February. They dropped in January. Both reports had shown weakness at the beginning of the year as unusually harsh winter temperatures suppressed economic activity.

Deutsche Post advanced 3.6 percent to 28.15 euros after saying earnings before interest and taxes will rise to as much as 5.22 billion euros ($7.2 billion) by 2020 under a new strategy. Ebit will grow at an average 8 percent a year, the company said in a presentation. The new strategy will focus on expanding into emerging economies through organic growth, rather than buying businesses to move into new markets.

Neste Oil, a Finnish maker of renewable diesel, rallied 5.3 percent to 15.82 euros. The chairman of the Senate Finance Committee, Ron Wyden, proposed retroactively extending expired tax credits for biodiesel and renewable diesel -- or refined vegetable oil -- until the end of next year.

Alcatel-Lucent SA (ALU) rose 3.3 percent to 3.04 euros. Natixis SA raised the network-equipment maker to buy from neutral, saying that telecommunications companies will increase their capital expenditure. Alcatel-Lucent has deals with China Mobile Ltd. and Bouygues SA.

Deutsche Boerse lost 2.2 percent to 56.57 euros. The operator of the Frankfurt stock exchange said the U.S. Attorney for the Southern District of New York has made Clearstream Banking SA the subject of a criminal investigation in connection with alleged violations of U.S. money-laundering and Iran-sanction laws. Deutsche Boerse said Clearstream will co-operate with the probe, which is at a very early stage.

FTSE 100 6,667.79 +15.18 +0.23%

CAC 40 4,430.54 +3.82 +0.09%

DAX 9,632.8 +29.09 +0.30%

02.04.2014 11:45


Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002


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
Request a callback
Top Page