Eurozone leaders agreed to force banks to protect themselves against future losses, and to increase the firepower of the single currency's bailout fund.
Following a robust rally in Asian markets, European stock markets had been up 0.5%-1% in the first hour of Monday trading on the apparent progress at the talks.
Asian markets had been lifted by positive data from China and Japan, as well as the apparent progress in Brussels.
But the rally has lost steam during European trading hours markets, and by late afternoon the Cac 40 index in France, the German Dax and London's FTSE 100 were all about 0.7%-0.8% up for the day.
Market sentiment was not helped by industry surveys released during the morning that suggested the French and German economies are still struggling to avoid recession.
The euro followed a similar pattern, rising half a cent against the dollar, before dropping back. By late afternoon in Europe it was trading at about $1.388, down 0.1% for the day. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
European Stocks market
- Stoxx Europe 600 index Forecast 2013
- European Stock Market Forecast 2013
- European stock market and Italian bonds down dec 11 2012
- Europe stock markets advanced october 17 2012
- European stock market will open down october 12 2012
- Mario Draghi ECB Press Conference october 4 2012
- European stock markets higher october 2 2012
- european stock futures down october 1 2012
- European stock market rose september 28 2012
- impact protests in Greece and Spanish on stock market
- Effect Spanish recession on stock market
- European stock market drop 9-26-2012
- European Stock markets september 21 2012
- European stock markets 9/18/2012
- European stock markets lower september 17 2012
- European stock futures down 9/10/2012
- German constitutional court decision prediction
- Euro govt Bonds fall before ECB meeting 9/6/2012
- European stock markets sept 6 2012
- European Stock markets rose september 3 2012
- Eurozone Purchasing Managers PMI report 3 september 2012
- ECB President Mario Draghi will speech at Brussels sept 3 2012
- Europe economic forecast September 2012
- European stocks market august 31 2012
- Expectations ECB will bond buying plan
Asian Stocks Market
- China, Asian stock markets outlook 2013
- Asian stock market opened january 17 2013
- asian stock market january 9 2013
- Asian stock markets are expected january 7-11 2013
- Asian stock markets Japan Nikkei rose dec 26 2012
- Why Asian stocks market down 14 2012
- why Asian stock markets down november 13 2012
- Asian stock markets october 29 2012
- Asian stock markets october 11 2012
- Asian stock markets october 3 2012
- Asian stock market october 1 2012
- Asian stock market rose september 28 2012
- asian stock market drops 9/27/2012
- How will Asian stock market september 27 2012
- Asian stock markets Nikkei down 26/9/2012
- Asian stock markets for september 26 2012
- Asian stock markets 25/9/2012
- Asian stock markets september 24 2012
- Asian stock market september 21 2012
- Asian stock markets september 20 2012
- Asian stock markets september 12 2012
- Asian stock market down september 11 2012
- Asian stock markets september 10 2012
- Asian stock markets september 2012
- Asian stock market down september 6 2012
No comments:
Post a Comment