OctaFX | OctaFX Forex Broker
      Konto eröffnen

      European stocks rise, ignore China data

      FXStreet (Mumbai) - The stock markets in Europe strengthened moderately on Wednesday despite the slump in the Asian markets on the back of a weak China manufacturing data.

      The pan-European Euro Stoxx 600 index advanced 0.42% to 348.13 levels. The Euro Stoxx 50 index also advanced 0.3%. Among regional indices, Germany’s DAX gained 0.57%, France’s CAC strengthened 0.3%. London’s FTSE index advanced 0.78%.

      Among the Euro Stoxx 600 stocks, Volkswagen strengthened 1.32%, erasing early losses despite an emission scandal escalation. Shares in British alcoholic drinks maker Diageo added 0.2% after the company said it started the year well with performance in line with its expectations.

      In Asia, equities slid deeper into the red on Wednesday, after a preliminary reading of activity in China's mammoth manufacturing sector fell to a six-and-a-half-year low of 47.0 in September.

      WTI rises to $ 47 before EIA report, ignores China data

      WTI oil on NYMEX rebounded higher on Wednesday amid expectations of stockpile fall from the upcoming EIA weekly report, offsetting demands concerns for oil fuelled by poor China data.
      Mehr darüber lesen Previous

      EUR/CHF purchasing power parity well above 1.20 – Swiss Economic Minister

      The Swiss Economic Minister was on the wires today stating the purchasing power parity of the EUR/CHF is well above 1.20 and the Swiss National Bank (SNB) is working towards the same.
      Mehr darüber lesen Next
      Start livechat