TeleTrade - Analytics


    750.00 6.50/10
    78% of positive reviews

    News Analytics

    Most stock indices traded higher as concerns over the Greek debt crisis eased.

    The released economic from the Eurozone was mixed. German Gfk consumer confidence index climbed to 10.2 in June from 10.1 in May, beating expectations for a decline to 10.0. It was the highest level since October 2001.

    The increase was driven by a strong domestic demand and low inflation.

    "Private spending is a key driver for economic growth this year," Gfk noted. But Gfk warned that the debt talks between Greece and its creditors, the Ukraine crisis and IS terrorism may weigh on consumption in Germany.

    French consumer confidence index fell to 93 in May from 94 in April, missing expectation for a rise to 95. It was the first fall in seven months.

    The decline was driven by a pessimistic outlook regarding consumers' future saving capacity. The index of the outlook on consumers' saving capacity plunged to -5 in May from 4 April.

    Current figures:

    Name Price Change Change %

    FTSE 100 6,993.62 44.63 0.64 %

    DAX 11,667.32 42.19 0.36 %

    CAC 40 5,118.3 34.76 0.68 %

    To leave a comment you must or Join us

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