European markets turned green on Monday

Note: This section contains information in English only.
Source: Marketwatch
European stocks advanced on Monday, as region's leaders claimed about their readiness to curb the Eurozone's debt crisis. The Stoxx Europe 600 Index jumped 0.9 per cent to 262.23, while France's CAC 40 Index advanced 0.4 per cent to 3,292.95. At the same time, shares of Air France-KLM soared 14 per cent as the company ended second quarter with a 895 million euros loss, but the improvement is expected.
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Mon, 30 Jul 2012 17:59:49 GMT

Single currency lost some ground to greenback on Monday

The Euro lost some ground versus the U.S. dollar as investors are getting more pessimistic about ECB's policy actions later this week. The shared currency dropped by 0.4 per cent to $1.2251, from Friday's $1.2320. On the contrary, the ICE dollar Index added 0.42 per cent to 82.895, and the WSJ dollar Index increased by 0.28 per cent. On Thursday, the European Central Bank's monthly

Mon, 30 Jul 2012 15:26:49 GMT

German stocks rose amid easing hopes

German equities surged on Monday, being boosted by the ECB pledge to preserve the Euro by any means. Recent slowdown in the US GDP growth also supported German stock index as investors hope for monetary easing by the Fed. At the same time, possible increase in Eurozone's jobless rate to 11.2% in June restricted rally of German shares. German DAX

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