The European stock markets traded positive trend for the second day in a row and are on their way to a second consecutive monthly increase, due to the continued recovery in bank shares on the Euro zone.
Euro zone
Market News Briefing – Aug 12th 2016 11:00 (GMT+1)
Euro zone second quarter grew by 0.3% compared to the first quarter.
These data are compatible with the earlier growth estimates.
Over the same period last year, the Euro zone grew by 1.6% and the EU by 1.8%.
Market News Briefing – Aug 12th 2016 08:30 (GMT+1)
The European exchanges are in declines so far today before the publication of growth figures in the Euro zone.
Germany already posted encouraging growth data but they couldn’t pull the indices up.
Breaking news – 11:30 (GMT+1)
The Euro zone growth stood at 0.3% in the second quarter.
Breaking news – 12:45 (GMT+1)
As expected, the interest rates in the Euro zone remains unchanged at 0%.
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