European Markets, January 25, 2013

As of January 25, FTSE 100 and DAX rose by 0.31% and 1.42% provided by the following news: 1) Investor confidence data in Germany increased the highest level in two and half years; 2) Ongoing positive effect of that the House of Representatives in the U.S. voted to temporarily extend the debt ceiling limit until May 19, 2013; 3) Higher than estimated company earnings such as Unilever; 4) Some financial institutions will repay the loans by the end of January; 5) Increase in the shares of airline companies; 6) Explanations from European Central Bank President Mario Draghi. He said that the European economy was going to stabilization.

Leave a Reply

Your email address will not be published. Required fields are marked *