According to trading, the British FTSE 100 grew to 6338,67 points, German DAX 30 – up to 10064,80 points, French CAC 40 – up to 4675,29 points against statistics from the USA and expectations of the postponement of the fed rate hike.
MOSCOW, 15 Oct. Major stock indexes in Europe by the close of trading on Thursday showed a positive trend on statistics from the US that strengthened expectations of a delay to fed rate hike, according to AFP.
At the end of trading the British FTSE 100 index rose by 1.10% to 6338,67 points, German DAX 30 — on 1,50%, to 10064,80 points, French CAC 40 — on 1,44%, to 4675,29 item.
As reported by the Agence France-Presse analyst Jasper Lawler (Jasper Lawler) of CMC Markets UK, weak data from the US reinforced the view that rate hikes by the fed this year is currently unlikely.
According to the Ministry of labour, consumer prices in the USA in annual terms in September, unchanged, month-on-month deflation was recorded at 0.2%. Analysts had expected deflation in September in annual terms at 0.1%, and on a monthly basis to 0.2%. Core inflation — excluding prices for food and energy in September was 0.2%. In annual terms the indicator reached 1.9%, exceeding analysts ‘ forecasts of 1.8%. In monthly terms, inflation expected at 0.1%.
Earlier Wednesday, the U.S. Department of Commerce reported that retail sales in the country in September in monthly terms increased by 0.1% (the forecast was 0.2%). Sales, excluding autos and parts, in September dropped compared to the initial August figure of 0.3% (analysts had expected a decline of 0.1%). The August figure was revised downward: a decline of 0.1% vs. the previously published 0.1 percent increase.