said by blandine
paris (reuters) – rehearsal with new gmt
the major european stock markets are little changed on thursday in the morning, in a meeting that is not yet very active before the first publication of the results of major banks in the united states provided upstream of the opening bell on wall street.
in paris, the cac 40 index back to 0.21% in 5.351,04 points to 08h35 zulu. in frankfurt, the dax is 0.09%, and in london, the ftse is practically unchanged (+ 0.02%).
the euro stoxx 50 index for the euro area is 0.18%, 0.04%, and the ftseurofirst 300 abandoned stoxx 600 is stable.
the values, essilor (1.45%) is lower, the higher the cac 40, a step forward in terms of approximation with the italian luxottica (1.34%) was not sufficient to raise questions of investors on the merger.
in paris, dbv technologies (3.49%) is made in the phase 3 study in the treatment viaskin lighthouse peanut allergy.
elsewhere in europe, lufthansa’s 3.3% to an increase of recommendation of bernstein and contributes to the increase of the transport sector as a whole and recreation (+ 63%).
in the meantime, citigroup and jpmorgan chase
in asia, the nikkei was meeting a higher since december 1996 and on wall street, the three major indexes ended wednesday at historic highs at the end.
investors are waiting for the first quarterly publications of major banks, citigroup and jpmorgan chase, which will be followed, by bank of america and wells fargo.
the results may be limited due to the low growth of loans, but also because of the very low volatility in the markets should be put on the back of the investment bank, the liboux tangi, strategist at aurel oro.
the markets will be sensitive to the speech in washington, the president of the european central bank (ecb), mario draghi, under 2:30 gmt).
the federal reserve, the publication of the minutes of the last meeting of the monetary policy committee (fomc) confirmed the expectations of future rate hikes in december, but it has also shown that the members of the fomc are increasingly questioning the reasons of low inflation.
these issues have been on the rising dollar, which is at a lower side of two weeks to a basket of currencies).
on the other hand, the euro against the u.s. dollar forward slightly to return to the levels of the end of september, more than 11860, after having been affected by the concerns of the local separatist tendencies.
the spanish government has eight days to the executive, to give up its goal of catalan independence, otherwise it will suspend the autonomy of the region will manage directly.
“while we believe that the probability that catalonia became independent is very small (it is less than in scotland, for example), the implications of the current situation is quite important for us as it is a major risk in the next few months, i suggest policy makers of axiom.
in the bond market, the performance of the spanish government loan for 10 years to stabilize around 57%, from a peak of 1.8% at the peak stress. the madrid stock exchange fell by 0.1%, which fall more than 1% for the referendum on self-determination for the catalan in catalonia.
in the oil market, crude oil prices fell slightly after the sharp rise in the night for a further increase in opec’s demand forecast in 2007.
(edited by patrick vignal)
copyright & copy;, thomson reuters
Translated by forexguides.info Team