Alex Bobrov
Most European stock indices started today’s trading session with a decline. Yesterday’s trading session was bullish for them. The German Supreme Court acknowledged the legitimacy of the ESM, thereby backing Germany’s participation in the bailout project.
Today, traders are waiting for the Federal Reserve to make another statement. They hope with QE3.
· FTSEurofirst 300 lost 0,14%, thereby declining down to 1106,42.
· FTSE 100 dropped 0,07% down to 5778,05
· DAX gained 0,04% and increased up to 7346,39
· CAC-40 increased by 0,11%, thereby reaching 3539,82
The chart below, courtesy of , reflects the current state of affairs in the market of FTSE 100:
Alex Bobrov
