European markets open higher on Tuesday

Note: This section contains information in English only.
Source: Marketwatch
European shares opened higher after Christmas holidays, though trading volumes are predicted to be relatively low. Stoxx 600 gained 0.2% at 242.41, whereas France's CAC 40 added 0.5% to 3,116.11. German benchmark DAX index surged 0.4% attaining 5,902.32. London markets stayed closed in prolonged holiday break. 
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Tue, 27 Dec 2011 11:40:59 GMT

CEBR sees changes in economic ratings

The Centre for Economics and Business Research reported that World Economic League Table indicates Asian countries moving up while European countries moving down. It expects European economy to shrink 0.6% in case the crisis is solved and by 2% in case it is not. Russia is likely to become the ninth largest economy next year and approach the forth place by 2020. India is predicted

Tue, 27 Dec 2011 08:12:31 GMT

European stock markets end week higher

European shares advanced last week as better-that-expected US economy data signalled recovery of the world's leading economy. Stoxx 600 gained 3.5% reaching 241.86 this week, while French CAC 40 added 4.4% to 3,102.09. German DAX surged 3.1% to 5,878.93 and UK's FTSE 100 jumped 2.3% finishing at 5,512.70

Tue, 27 Dec 2011 08:05:34 GMT

China eases silver export quotas for the next year

China reported it would lower export quotas for silver, tin and indium in 2012. The Ministry of Commerce announced the silver exports will remain under 3,232 metric tons, tin exports will be set at 10,800 tons and indium products' exports will be at 139,000 tons for the next year.

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