TeleTrade - Analytics

TeleTrade

518.25 6.75/10
57% of positive reviews
Real

09.11.2015 11:00 European stock markets mid session: stocks traded mixed on the weak Chinese trade data

Stock indices traded mixed on the weak Chinese trade data. The Chinese Customs Office released its trade data on Sunday. Exports fell at an annual rate of 6.9% in October, while imports slid at an annual rate of 18.8%, the twelfth consecutive decline.

Meanwhile, the economic data from the Eurozone was positive. Market research group Sentix released its investor confidence index for the Eurozone on Monday. The index climbed to 15.1 in November from 11.7 in October. It was the lowest level since February.

A reading above 0.0 indicates optimism, below indicates pessimism.

"Reason for rising economic expectations is gaining confidence in Asian markets," Sentix said in its statement.

Destatis released its trade data for Germany on Monday. Germany's seasonally adjusted trade surplus declined to €19.4 billion in September from 19.4 in August.

Exports rose 4.4% year-on-year in September, while imports climbed 3.9% year-on-year.

On a yearly basis, German exports increased at a seasonally and calendar-adjusted 2.6% in September, while imports rose by 3.6%.

Germany's current account surplus was at €25.1 billion in September, up from €13.3 billion in August. August's figure was revised up from €12.3 billion.

Current figures:

Name Price Change Change %

FTSE 100 6,356.02 2.19 0.03 %

DAX 10,952.71 -35.32 -0.32 %

CAC 40 4,956.6 -27.55 -0.55 %



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree