European exchanges opened in the red on news from USA

European exchanges opened in the red on news from USA


On the eve of the U.S. Federal reserve on the results of the January meeting has left its benchmark interest rate in the range of 0.25-0.5% per annum. Against this background, the CAC 40 was down 0.2%, the German DAX 30 — by 0.5%, the British FTSE 100 — by 0.2%.

MOSCOW, 28 Jan. Stock indexes of Europe is moderately reduced at the opening of trading on Thursday on the background of statements by the fed in anticipation of domestic macroeconomic statistics, according to AFP.

As at 11.05 Moscow time the French CAC 40 was down 0.2% to 4371,52 points, German DAX 30 — on 0,5%, to 9824,1 points, British FTSE 100 — by 0.2%, to 5976,06 item.

The U.S. Federal reserve on the results of the January meeting has left its benchmark interest rate in the range of 0.25-0.5% per annum, not ruling at this level for some time depending on the economic situation. The regulator gave no hints about the timing of a possible rate hike, but noted the risks due to growing instability in the world markets. Against this background, the us stock indices closed in the red.

During the trading session, European investors can turn over internal corporate and macroeconomic news. So, the Federal statistical office of Germany will publish the preliminary estimate of inflation in the country in January. According to analysts, the prices in annual terms rose by 0.4% after rising 0.3% a month earlier and in monthly terms decreased by 0.8% after a 0.1% contraction in December.

In addition, in the first hours of trading will be known to the preliminary data for GDP growth in the UK in the fourth quarter of 2015. Analysts believe that the index has grown in annual expression on 1,9%, and in quarter — on 0,5%.

In the course of trading may vary the price of the shares of the largest German Bank Deutsche Bank, which net loss for 2015 was $ 6,097 billion euros against a profit the year earlier level 3,11 billion euros. Revenue of the Bank during the reporting period increased by 5% to EUR 33,53 billion. The Bank’s performance for the year was partially at odds with his own predictions: Deutsche Bank expected a 6.7 billion Euro loss for the year, and revenues of 33.5 billion euros. In the first minutes of trading the Bank’s shares lost in price of 2.1%.