Mixed start for European stock markets this morning
Trading Floor News February 13, 2013 6:30 PM
<p>- It was a mixed start for European stock markets this morning, with the markets staying in a tight range as traders tread carefully ahead […]</p>
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- It was a mixed start for European stock markets this morning, with the markets staying in a tight range as traders tread carefully ahead of the G-20 meeting which kicks off on Friday in Moscow.
- UK stocks have started the session lower, with the FTSE 100 around 23 to 25 points (or as much as 0.4%) lower due to mixed corporate earnings from key blue-chip companies. Key stocks AstraZeneca, BP, Royal Dutch Shell and Sage go ex-dividend today.
- A number of high profile economic releases also keep the bulls and bears at bay, with attention turning to the BoE’s quarterly inflation report press conference at 11.30am today.
- US President Barack Obama in his State of the Union address last night said that he would push for a bilateral transatlantic trade deal with Europe. Investors are also focussing on the G-20 meeting later in the week.