The main European stock markets opened on a cautious note Thursday, a few hours of the highly anticipated press conference by Mario Draghi, President of the European Central Bank (ECB).
In Paris Index CAC 40 gives up 0.08% to 4691.42 Points to 7:20 GMT. In Frankfurt, the DAX rose 0.15% while in London the FTSE 0.09% yield. The EuroStoxx 50 index of 0.16% advance eurozone and the FTSEurofirst 300 0.08%.
The Tokyo Stock Exchange ended lower by 0.64%.
The ECB should not change its monetary policy at the end of the meeting of its Board of Governors, but its president, Mario Draghi, could pave the way for an extension of the quantitative easing program (QE ) of the institution in the coming months.
This will be followed next week from those of the US Federal Reserve and the Bank of Japan.
“The recent rally seems to be over for now, as it was based mainly on the hope of further support by central banks, the ECB meeting today and the ads will make the Fed and the BoJ next week will probably be decisive for the next round on the markets, “said Jonathan Sudaria of London Capital Group.
The day is also marked by many listed companies earnings releases in Europe.
On the downside, Publicis drop 8.3%, posting by far the largest drop in the CAC. The advertising group reported a particularly low organic growth in the third quarter and lowered its forecast for organic growth over the year.
Daimler abandons its share 1.25% despite a 31% increase in quarterly operating profit.
On the upside, the Swiss pharmaceutical giant Roche wins 1 38% after raising its annual sales growth forecast.
Orange on its side takes 3.75%. The first French telecommunications operator has reported turnover and a gross operating profit increased for the first time since 2009 and has raised its target of annual EBITDA.
On the foreign exchange market, the euro was stable against the dollar around 1.1335 before the ECB meeting.
Oil rises slightly but remains close to Brent lowest in three weeks Wednesday touched 47.50 dollars a barrel.
(Danilo Masoni; Marc Angrand for the French service, edited by Wilfrid Exbrayat)
No comments:
Post a Comment