European markets rise on future plans

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Source: Marketwatch

European stocks jumped on Friday, on contingency plans reports of governments and central banks that will start to fall into place after elections in Greece. The Stoxx Europe 600 index added 0.4 per cent to 242.70 and Spain's IBEX 35 index climbed 1 per cent. The German DAX 30 index and the French CAC 40 index inched higher 0.5 per cent and 0.7 per cent respectively.

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Fri, 15 Jun 2012 13:31:47 GMT

Eurozone unemployment up 0.2%

On Friday, Eurostat reported that the Eurozone employment level declined by 0.2% during the first three months of the year, in line with expectations, whereas it remained stable in the whole European Union. Comparing to the same quarter in the previous year, employment level dropped 0.5% in the single currency bloc, and fell by 0.1% in 27 EU countries.

Fri, 15 Jun 2012 13:09:47 GMT

Euro edges higher against U.S. dollar before Greek vote

The euro gained versus the greenback on Friday ahead of weekend's Greek elections. The single European currency ticked higher from $1.2613 to $1.2631. The ICE dollar's index, which shows currency's relation to its six major counterparts, edged lower to 81.770, compared to 81.917 on Thursday.

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