Tuesday, February 26, 2013

European Exchanges Early In The Lackluster Weekend

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Monexnews-European shares traded mostly lower at the start of the week will be filled with important economic data from the Euro zone, and the election campaign in Italy. European investors may have to wait a few days ahead to get the catalyst, with us markets closed on Monday to commemorate the "Presidents Day".

DAX Germany still survive in the green zone with a 0.15% increase package so far. While France's CAC40 and FTSE United Kingdom each have lost 0.18% and 0,16%.

From Italy, this weekend will be the last time to do political campaigns before the election was held on 24-25 February. A candidate who is also Italy Mario Monti reportedly the PRIME MINISTER has urged its rivals to accept the challenge on television debate prior to the vote later this weekend.

Italy's election would be a "key market movements this week", according to Joe Rundle, ETX Capital trade's head. Estimating the yield of bonds Rundle Spain and Italy will come back crawling as you get higher uncertainty in the Euro zone the next few days.

While at the end of its G20 group has confirmed that the "currency war" is not going to happen. They also decided to postpone the plan target of trimming debt assignment recently due to concerns about the global economy. (vid)



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Title Post: European Exchanges Early In The Lackluster Weekend
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Author: Mohammad Zulfi Satriawan

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