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European stock markets mid session: stocks traded mixed ahead of the U.S. labour market data | 06.03.2015

 

Stock indices traded mixed ahead of the U.S. labour market data. Stocks were supported by comments by the ECB President Mario Draghi. The European Central Bank (ECB) President Mario Draghi said at the press conference on Thursday that the central bank will start its 60 billion euro-a-month bond purchases on March, 9. He noted that the ECB will buy euro-dominated public sector securities in the secondary market, and it will also continue to purchase asset-backed securities and covered bonds.

 

 

Eurozone's revised gross domestic product (GDP) rose 0.32% in fourth quarter, in line with expectations and matching an initial estimate.

 

 

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.9% in fourth quarter, in line with expectations, up from an initial estimate of 0.8%.

 

 

German industrial production increased 0.6% in January, in line with expectations, after a 1.0% gain in December. December's figure was revised up from a 0.1% increase.

 

 

Consumer inflation expectations for the coming year in the UK declined to 1.9% in February from 2.5% in November. That was the lowest level since late 2001.

 

 

Current figures:

 

 

Name Price Change Change %

 

 

FTSE 100 6,950.33 -10.81 -0.16 %

 

 

DAX 11,514.77 10.76 0.09 %

 

 

CAC 40 4,968.8 5.29 0.11 %



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