Financial spreadbetters expected Britain's FTSE 100 to open 10 to 15 points higher, or as much as 0.3 percent, Germany's DAX to open 27 to 37 points higher, or as much as 0.5 percent, and France's CAC-40 to open 11 to 14 points higher, or as much as 0.4 percent.
China's official Purchasing Managers' Index surged to an 11-month high of 53.1 in March, up from February's 51 easily beating forecasts of 50.5.
"The figure was in stark contrast to the unofficial HSBC Chinese PMI print of 48.1 just over a week ago and may somewhat ease some market concerns about the extent of China's slowing economy," IG Markets analyst Cameron Peacock wrote in a note.
France's Total will be in the spotlight again on Monday, as the company struggles to stop a massive gas leak in the North Sea. On Saturday, Total confirmed that a gas flare, lit during the evacuation to burn off excess gas, had gone out, reducing the threat of an explosion.
European share prices snapped a three-day losing run on Friday to end the first quarter with a gain of 6.8 percent, the biggest first-quarter gain since 2006, after euro zone finance ministers agreed to boost rescue funds for the member nations.
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
No comments:
Post a Comment