European stocks opened higher, all eyes on BNP
Monday was seen rise in European stock markets. Investors believe that the reports from the US and Europe, which will be presented during the week, soothe emotions about the pace of economic growth.
The shares of the French bank BNP Paribas will be in the spotlight after the US Department of Justice report. It is expected that the Ministry will announce on Monday BNP on record fine of almost $ 9 billion for the alleged violation of US sanctions.
Today futures on the index Euro STOXX 50, the British FTSE 100, German DAX and the French CAC rose by 0.1-0.2%.
Investors' attention today
also directed to the part of the European
macroeconomic indicators, including
information on inflation for the eurozone
in June, which should appear today.
It is expected that data will show lower
inflation - 0.5%, while the ninth month in a row
it is saved in "the danger zone"
ECB and less than 1 percent.
Index
FTSEurofirst 300 of leading European shares
It fell 1.7% last week, suffered
the negative data from the US, as well as
Information about the violence in Iraq.
Despite
unstable pull-back weeks, investors
We continue to build a positive long-term
plans.
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