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- European stock indices show growth
European stock indices show growth
European stock indices traded in the green zone. According to Bloomberg, had had a positive impact statement by the former member of the board of the European Central Bank (ECB), Jose Manuel Gonzalez-Paramo, which says that Spain may avoid the need to apply for financial assistance from the European Union, as it manages independently despite expectations to raise funds in the debt markets.
Also support the market provided an optimistic forecast of U.S. President Barack us embrace the situation with the threat of the "fiscal cliff." Obama hopes to negotiate with Congress to "Christmas."
The unemployment rate in the euro area in October was as expected (11.7% (11.7% of the forecast). Eurogroup on Monday plans to consider the details of Greece's debt repayment and a draft memorandum of understanding with Cyprus.
FTSE 100 5,879.3 +9.00 +0.15%
CAC 40 3,574.74 +5.86 +0.16%
DAX 7,424.13 +23.17 +0.31%
TNT Express shares rose 1.3%. Shares of Spanish construction company Ferrovial SA airport operator rose 2.4% after it was announced that its Board of Directors approved the dividend for 2012 at the level of 1 euro per share. Stock price of Hugo Boss AG fell 0.9% after the deterioration of recommendations for the company's securities by Goldman Sachs to "neutral" from "buy."
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