European markets open higher

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP
European shares opened higher on Friday led by banks and miners. Markets are looking forward for Merkel's parliamentary speech and US nonfarm payroll statistics. Stoxx Europe 600 added 1.1% to  241.14 and UK's FTSE 100 index gained 1.2% reaching 5,552.53. French CAC 40 index jumped 1.5% while German DAX edged up 1.6%.
Back to articles

Actual Topics

Fri, 02 Dec 2011 09:54:16 GMT

SABMiller takes over Foster's

Australian court approved an acquisition of Foster's, Australian brewer, by SABMiller, UK's brewer. The deal worth A $9.9bn overcame the last obstacle. About 99% of the shareholders of Forester's agreed on takeover. The final sale is planned to be finished by the end of December 2011.

Fri, 02 Dec 2011 08:32:36 GMT

Crude oil prices to increase dramatically in 2017-2021

Crude oil market is likely to experience tightness due to market facing long-term restrictions in inventories, said Dawood Nassif from BAPCO. Crude oil prices achieved $100/bbl and will remain at this level but prices are likely to peak by 2017-2021, he added. Refineries in Europe will face fierce competition from refineries in the Middle East in the next five years, he warned.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
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.