FX & CFD trading involves significant risk
European stocks rose after a decline earlier in the session. Investors remain cautious after Friday's weak data on the number of jobs created in the US, while oil prices are falling.
US Labor Department reported that 156,000 jobs were created, while the analysts expected 175,000 and unemployment rate rose to 5.0% last month from 4.9%.
Nevertheless, it is expected that the weak performance does not hinder the interest rate increase by the Federal Reserve this year.
The composite index of the largest companies in the region Stoxx Europe 600 rose 0,1% - to 339.91 points.
The cost of Deutsche Bank shares fell by 3.2%. The German Bank continues to negotiate with the US Department of Justice for settlement in the case of irregularities in the sale of mortgage-backed securities during the period from 2005 to 2007 - Bloomberg citing informed sources.
On Sunday, the German newspaper Bild reported that the CEO of Deutsche Bank, John Cryan was unable to reach an agreement with the Ministry of Justice to reduce the amount of the fine.
On Friday, the international rating agency S & P Global Ratings confirmed the ratings of Deutsche Bank AG, noting that the amount of fines is likely to be lower than originally announced - $ 14 billion.
Shares of BNP Paribas fell to 1,5%, Credit Suisse - 0.8%.
EasyJet shares, previously warned about the negative impact of the weak pound to its figures, fell by 2.8%, as thousands of passengers were left stranded abroad over the weekend after the airline canceled all its flights to Greece and from Greece caused by a planned four-day strike by air traffic control.
Shares of Air France-KLM fell 1.3%, despite the fact that the French airline announced an increase in the volume of passengers in September by 2.8% - to 8.5 million.
Mining stocks rise in price in the course of trading: the price of Fresnillo rose to 1,6% Antofagasta +0,6%, Anglo American +0.9%.
Shares of Randgold Resources rose 1.8%. Previously, the company announced that was forced to close its office in Mali because of a tax dispute with the authorities.
At the moment:
FTSE 7056.53 12.14 0.17%
DAX 10543.68 52.82 0.50%
CAC 4463.32 13.41 0.30%
|remaining time till the new event being published|