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- European stock markets mid session: stocks traded little changed as a stronger euro weighed on markets
European stock markets mid session: stocks traded little changed as a stronger euro weighed on markets
Stock indices traded little changed as a stronger euro weighed on markets. The euro increased against the U.S. dollar after the Fed's interest rate decision. The Fed kept its monetary policy unchanged, but it did not rule out the interest rate hike in June.
The economic data from the Eurozone was mixed. The preliminary consumer price inflation in the Eurozone rose to an annual rate of 0.0% in April from -0.1% in March, in line with expectations. The increase was driven by ECB's quantitative easing programme.
Eurozone's unemployment rate remained unchanged at 11.3% in March, in line with expectations.
The number of unemployed people in Germany declined by 8,000 in April, missing expectations for a 13,000 decline, after a 14,000 drop in March. March's figure was revised down from a 15,000 fall.
Germany's adjusted unemployment rate remained unchanged at 6.4% in April, in line with expectations.
German adjusted retail sales dropped 2.3% in March, missing forecasts of a 0.7% rise, after a 0.1% gain in February. February's figure was revised up from a 0.5% decrease.
French consumer spending decreased 0.6% in March, missing expectations for a 0.5% fall, after a 0.2% rise in February. February's figure was revised up from a 0.1% increase.
Current figures:
Name Price Change Change %
FTSE 100 6,951.77 +5.49 +0.08 %
DAX 11,430.27 -2.45 -0.02 %
CAC 40 5,037.39 -2.00 -0.04 %
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