European futures gain before economic data

Note: This section contains information in English only.
Source: Bloomberg
The Euro Stoxx 50 Index futures, which expiring this month, were 0.8% higher to 2.607 points in the very beginning of London trading session on Wednesday. That is the third day as the index increases, but despite the positive sentiments, traders are waiting economic data from the U.S. and Europe, which will determine further market direction.
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Wed, 05 Dec 2012 15:12:35 GMT

Spanish service sector eases a pace of contraction in November

The Spanish business activity index increased to 42,2 in November, comparing with 41,2 in October, according to Markits Economics survey released today. Although the Spanish service sector shrunk slower and that was a second consecutive month as contraction eased, but the actual figure, which is much lower than 50, indicates a solid decline in domestic business activity.

Wed, 05 Dec 2012 14:50:42 GMT

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