European equity markets open with no changes on Monday

Note: This section contains information in English only.
Source: Bloomberg
Stock markets in Europe show no preferences in a movement direction on Monday, while during last nine out of ten weeks the benchmarks gained in value. Investors are still waiting for manufacturing data from Germany and U.S., as they also weigh the GE purchase of French Alstom's energy business. The Europe Stoxx 600 Index loses 0.1% to 348.03 points by 7:00 GMT in London.
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Mon, 23 Jun 2014 09:04:09 GMT

Draghi: Rates to remain low until 2016

President of the ECB Mario Draghi said on Monday that key interest rates in the Eurozone will remain very low at least until the end of year 2016. According to the ECB plan, the program of supporting banks' lending will last four year, therefore, rates in this time period should stay low. Recently, the ECB weakened its monetary policy even

Mon, 23 Jun 2014 08:42:17 GMT

French manufacturing and service sectors decline further

Activity in the manufacturing and service sectors of the France showed the unexpected decline in June of this year, raising serious concerns about the stability of economic recovery in the region. The benchmark PMI Index in the manufacturing sector of the Fifth Republic dropped to 47.8 points, with services PMI decreasing to 48.2, both remaining below the minimum growth limit

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