From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Trading news
27 Feb 2013
European markets up on EMU confidence and Italy bond auction
The German DAX 30 (+0.09%), the French CAC 40 (+0.58%), the Italian FTSE MIB (0.0%) and the Spanish IBEX 35 (+0.66%) are edging higher on Wednesday as confidence in the Eurozone improves and the Italian 10-year bond auction found better than expected yields, although higher from 4.17% to 4.83%. The 5-year sale also found yield moving up from 2.94% to 3.59%.
The British FTSE 100 rose +0.26%. BoE's Bean said that he is sensible to review UK inflation target. Earlier, annualized UK 2012 Q4 GDP growth was revised higher from 0.0% to +0.3% but the quarterly figure came in at -0.3% as forecasted. Total Business Investment contracted -1.2% (QoQ), easing from 5.4% to 0.4% (YoY).
Futures for the American S&P 500, Nasdaq 100 and Dow Jones are signaling a higher opening by around +0.10% ahead of US Durable Goods, Fed's Bernanke speech and Pending Home Sales.
The British FTSE 100 rose +0.26%. BoE's Bean said that he is sensible to review UK inflation target. Earlier, annualized UK 2012 Q4 GDP growth was revised higher from 0.0% to +0.3% but the quarterly figure came in at -0.3% as forecasted. Total Business Investment contracted -1.2% (QoQ), easing from 5.4% to 0.4% (YoY).
Futures for the American S&P 500, Nasdaq 100 and Dow Jones are signaling a higher opening by around +0.10% ahead of US Durable Goods, Fed's Bernanke speech and Pending Home Sales.