Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


05.05.2015 10:08

European stock markets mid session: stocks traded higher despite concerns over the Greek debt crisis

Stock indices traded higher despite concerns over the Greek debt crisis. Greece could run out of cash. It have to repay IMF loans next week.

The European Central Bank (ECB) Vice President Vitor Constancio said on Monday that he believes that the Greek exit from the Eurozone will be avoided.

The European Commission released it economic growth forecast for the Eurozone. Eurozone's economic growth for 2015 was upgraded to 1.5%, up from a previous estimate of 1.3%. Eurozone's economic growth for 2016 remained unchanged at 1.9%.

The European Central Bank's quantitative easing supports the economic growth in the Eurozone, the European Commission noted. It added that lower oil prices, the weak euro and steady global growth also are supporting the European economy.

German economic growth for 2015 was raised to 1.9%, up from a previous estimate of 1.5%. Germany's economic growth for 2016 remained unchanged at 2.0%.

The European Commission downgraded the Greek GDP growth for 2015 to 0.5% from a previous estimate of 2.5% due to the debt crisis. Greece's economic growth for 2016 was lowered at 2.9% from a previous estimate of 3.6%.

French economic growth for 2015 was raised to 1.1%, up from a previous estimate of 1.0%. France's economic growth for 2016 was cut to 1.7% from a previous estimate of 1.8%.

The European Commission upgraded the Italian GDP growth for 2016 to 1.4% from a previous estimate of 1.3% due to the debt crisis. Italy's economic growth for 2015 remained unchanged at 0.6%.

Spanish economic growth for 2015 was raised to 2.8%, up from a previous estimate of 2.3%. Spain's economic growth for 2016 was upgraded to 2.6% from a previous estimate of 2.5%.

Eurozone's producer price index climbed 0.2% in March, missing expectations for a 0.3% increase, after a 0.6% rise in February. February's figure was revised up from 0.5% gain.

Current figures:

Name Price Change Change %

FTSE 100 7,021.68 +35.73 +0.51 %

DAX 11,681.27 +61.42 +0.53 %

CAC 40 5,103.28 +21.31 +0.42 %

05.05.2015 11:50

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