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- European stock markets mid session: stocks traded higher on the Eurozone’s trade data
European stock markets mid session: stocks traded higher on the Eurozone’s trade data
Stock indices traded higher on the positive trade data from the Eurozone. Eurostat released its trade data for the Eurozone on Tuesday. Eurozone's unadjusted trade surplus climbed to €28.6 billion from €19.0 billion in February.
Exports fell at an unadjusted annual rate of 3.0% in March, while imports dropped 8.0%.
The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index fell to 0.3% year-on-year in April from 0.5% in March. Analysts had expected to remain unchanged at 0.5%.
The decrease was mainly driven by declines in air fares and prices for clothing, vehicles and social housing rent.
On a monthly basis, U.K. consumer prices increased 0.1% in April, missing expectations for a 0.3% gain, after a 0.4% rise in March.
Consumer price inflation excluding food, energy, alcohol and tobacco prices declined to 1.2% year-on-year in April from 1.5% in March, missing expectations for a decrease to 1.4%.
The U.K. house price index increased at a seasonally adjusted rate of 2.5% in March, after a 0.2% gain in February.
On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 9.0% in March, after a 7.6% rise in February. It was the biggest rise since March 2015.
Current figures:
Name Price Change Change %
FTSE 100 6,199.47 +48.07 +0.78 %
DAX 9,984.12 +31.22 +0.31 %
CAC 40 4,335.85 +23.57 +0.55 %
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