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- European stock markets mid session: stocks decreased due to expectation for further stimulus measures by the European Central Bank and the weaker-than-expected economic data in the Eurozone
European stock markets mid session: stocks decreased due to expectation for further stimulus measures by the European Central Bank and the weaker-than-expected economic data in the Eurozone
Stock
indices decreased due to expectation for further stimulus measures by the
European Central Bank and the weaker-than-expected economic data in the
Eurozone. Eurozone’s services purchase managers’ index (PMI) declined to 53.2
in May from 53.5 in April. Analysts had expected that the index remains
unchanged.
Eurozone’s
gross domestic product remained unchanged at 0.2% in the first quarter, meeting
analysts’ expectation.
Eurozone’s
producer price index fell 0.1% in April, after a 0.2% decline in March. This
figure was expected by analysts.
German
final services PMI declined to 56.0 in May from 56.4 in April. Analysts had
expected that the index remains unchanged.
French
final services PMI sank to 49.1 in May from 49.2 in April. Analysts had
expected that the index remains unchanged.
Current
figures:
Name Price Change Change %
FTSE
100 6,818.40 -17.90 -0.26%
DAX 9,901.80 -17.94 -0.18%
CAC 40 4,494.94 -8.75 -0.19%
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