European stock indices are trading in the green zone today. China has published some of its economic reports today: consumer prices and external trade. According to September’s CPI, consumer prices increased only by 1.9%, which are the lowest figures in 2012. At the same time, China’s export saw a boost in September (+9.9%).
The current market situation looks as follows:
· Stoxx Europe 600: + 0,47% up to 270,69.
· FTSE 100: + 0,29% up to 5810,12.
· CAC 40: + 0,92% up to 3420,30.
· DAX: + 0,70% up to 7282,79.
Oil companies are currently seeing their stocks loosing value because of lower oil prices.
The chart below, courtesy of , reflects the current state of affairs in the market of CAC 40:
