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18 Jun 2013
European equities record narrow gains
FXstreet.com (New York) - The European stock built on yesterday’s gains, recording modest gains Tuesday after the release of earlier economic data.
European data surprises
Earlier today in the EMU, the ZEW Survey – Economic Sentiment (June) came in at 30.6, compared with a figure of 27.6. Meanwhile in Germany, the ZEW Survey – Economic Sentiment (June) was reported at 38.5, beating expectations of 38.1. Finally, the ZEW – Current Situation (June) yielded a figure of 8.6, missing estimates of 9.5.
Beginning with commodities, the prices of gold and silver are trading at session lows, trading more specifically at USD $1374.80 and $21.74 per oz. respectively. In addition, the price of crude is operating at USD $97.55/bbl Tuesday.
Equities unable to breakout
Moving to indices and composites, the EURO STOXX 50 rose +0.07% as it settles in region of 2704.52, up +1.83 points in these moments. In addition, the FTSE 100 moved higher Tuesday, operating at 6384.74 ascending +54.25 points or +0.86% at the time of writing. Finally, the DAX has strengthened recently as well, trading in the zone of 8220.33 presently +0.06% after a movement of +4.60 points.
European data surprises
Earlier today in the EMU, the ZEW Survey – Economic Sentiment (June) came in at 30.6, compared with a figure of 27.6. Meanwhile in Germany, the ZEW Survey – Economic Sentiment (June) was reported at 38.5, beating expectations of 38.1. Finally, the ZEW – Current Situation (June) yielded a figure of 8.6, missing estimates of 9.5.
Beginning with commodities, the prices of gold and silver are trading at session lows, trading more specifically at USD $1374.80 and $21.74 per oz. respectively. In addition, the price of crude is operating at USD $97.55/bbl Tuesday.
Equities unable to breakout
Moving to indices and composites, the EURO STOXX 50 rose +0.07% as it settles in region of 2704.52, up +1.83 points in these moments. In addition, the FTSE 100 moved higher Tuesday, operating at 6384.74 ascending +54.25 points or +0.86% at the time of writing. Finally, the DAX has strengthened recently as well, trading in the zone of 8220.33 presently +0.06% after a movement of +4.60 points.