German shares dive on Spain's concerns

Note: This section contains information in English only.
Source: Dukascopy Bank SA
German stocks plunged on Monday as market sentiment was dampened by political instability in Spain. Spanish PM and top officials of Popular Party faced calls to resign after allegations of corruption. Meanwhile, market players remained cautious ahead of the ECB press conference due on Thursday. The DAX Index dived 1.54% and is currently trading at 7,713.08. All industries included in the index dropped. The top-losers were industrials and consumer services. Siemens and Deutsche Lufthansa slumped 2.05% and 1.86%. Financials also put pressure on the German blue chips index, with Deutsche Bank and Commerzbank declining 1.47% and 4.72%.
Back to articles

Actual Topics

Mon, 04 Feb 2013 17:06:46 GMT

British construction PMI held at December's 6-month low

Construction output in the U.K. missed economists' projections, as declined again in the month of January, recording the lowest figure since June 2012, the Markit survey showed on Monday. The Markit/CIPS Construction Purchasing Managers' Index stayed unchanged in January from the month before, when it slipped to a six-month low at 48.7 compared to forecast of 49.1."January's survey results are

Mon, 04 Feb 2013 18:45:04 GMT

UK stocks tumble on Spain's turmoil

UK shares are trading lower on Monday amid political turmoil in Spain. Investors turned to safe-have assets after Spain's PM Mariano Rajoy and senior officials of Popular Party were alleged of corruption and faced calls to resign. Weak national construction PMI data as well as disappointing quarterly results of the largest UK companies also created heavy pressure on the UK

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.