Wednesday, 19 June 2013 21:11
Posted by Muhammad Iqbal
LONDON: Europe's main stock markets pulled back in careful trade on Wednesday, with traders on tenterhooks before the outcome of the US Federal Reserve's latest monetary policy gathering."No one on the market is considering a bold position before the Fed statement," said Renaud Murail of Barclays Bourse. "It's the priority and will set the tone for what happens next."At close in Europe and just hours before any decision from the US central bank was expected, London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,345.94 points.Frankfurt's DAX 30 dipped 0.15 percent to 8,217.52 points and in Paris the CAC 40 shed 0.32 percent to 3,848.34 compared with Tuesday's closing levels.Madrid's IBEX 35 index retreated 1.00 percent to 8,098.30 points after the release of an IMF report signalling an end to Spain's double-dip recession but still warning that more reform was needed to reverse high unemployment.Investors have been speculating ...
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LONDON: Europe's main stock markets pulled back in careful trade on Wednesday, with traders on tenterhooks before the outcome of the US Federal Reserve's latest monetary policy gathering."No one on the market is considering a bold position before the Fed statement," said Renaud Murail of Barclays Bourse. "It's the priority and will set the tone for what happens next."At close in Europe and just hours before any decision from the US central bank was expected, London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,345.94 points.Frankfurt's DAX 30 dipped 0.15 percent to 8,217.52 points and in Paris the CAC 40 shed 0.32 percent to 3,848.34 compared with Tuesday's closing levels.Madrid's IBEX 35 index retreated 1.00 percent to 8,098.30 points after the release of an IMF report signalling an end to Spain's double-dip recession but still warning that more reform was needed to reverse high unemployment.Investors have been speculating ...
LONDON: Europe's main stock markets pulled back on Wednesday, with traders on tenterhooks before the outcome of the US Federal Reserve's latest monetary policy gathering, analysts said.In afternoon deals, London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,345.94 points.Frankfurt's DAX 30 dipped 0.15 percent to 8,217.52 points and in Paris the CAC 40 shed 0.32 percent to 3,848.34 compared with Tuesday's closing levels.Madrid's IBEX 35 index retreated 0.62 percent to 8,148.30 points.Investors ...
LONDON: European shares were up by mid-session on Wednesday in light and volatile trade as investors looked to the US Federal Reserve for clues on the duration of its equity-friendly stimulus programme.The possibility the Fed could scale back its bond purchases has spooked global equity markets in recent weeks and, as news of such a move was not expected from the meeting which ends late on Wednesday, some investors wondered if the sell-off had been ...
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LONDON: Europe's main stock markets rose at the start of trading on Wednesday, ahead of the outcome of the US Federal Reserve's latest monetary policy gathering.London's benchmark FTSE 100 index gained 0.12 percent to 6,381.94 points, Frankfurt's DAX 30 added 0.30 percent to 8,254.57 points and in Paris the CAC 40 advanced 0.12 percent to 3,865.13 compared with Tuesday's closing levels.Markets have been speculating about when the Fed would start tapering off its $85 billion-a-month ...
NEW YORK: Global equity markets rose and the dollar strengthened against the yen on Monday on expectations the Federal Reserve will reinforce its commitment this week to supporting the US economic recovery.But US stocks pared gains late in the session as confidence eroded that the Fed chairman, Ben Bernanke, will provide investors with a clearer view on the US central bank's monetary policy at the end of its two-day meeting on Wednesday.The Financial Times reported ...
LONDON: European stock markets rose solidly on Monday as traders looked ahead to a key US Federal Reserve meeting due mid-week, digested movement in the telecoms sector and kept an eye over the G8 summit in Northern Ireland.London's FTSE 100 index of leading shares climbed 0.89 percent to stand at 6,364.40 points in midday deals. Frankfurt's DAX 30 index rallied 1.49 percent to 8,249.29 points and in Paris the CAC 40 jumped 1.84 percent to ...
