Indices continue the bullish trend with FTSE opening at 6295.96
Trading Floor News February 7, 2013 5:10 PM
<p>- Indices continue the bullish trend with FTSE opening at 6295.96, the DAX opening at 7587.57 and the DOW closing at 13986.50 – EU stocks […]</p>
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- Indices continue the bullish trend with FTSE opening at 6295.96, the DAX opening at 7587.57 and the DOW closing at 13986.50
- EU stocks rose slightly from yesterday as investors await Spain’s bond auction and ECB press conference this afternoon due at 1:30pm
- In banking credit Suisse revealed worse than expected 4th quarter net profits RBS became latest bank to be fined Libor scandal – £391m to US/UK authorities
- In currencies, cable is at 1.5682, GBP/EUR is at 1.1587 and USD/EUR is at 0.7388
- Economic data today from the UK at 9:30am manufacturing production, at 9:45am BoE GOV-designate Carney giving a speech, at 12:00 asset purchase facility and also at 12:00 official bank rate MPC rate statement.
- From Europe there is the EU Economic summit and at 12:45 minimum bid rate.
- Then in the US the Unemployment claims at 1:30pm
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