Grant Capital (Grant Capital)
Markets  |  October 24, 2012 16:47:09

Earnings season in Europe and the U.S. today has not brought more bad news

European stock indexes after yesterday, relatively large losses after an initial slight decline in almost all business day they added. Is stopped by this morning published the German IFO index, lagging behind expectations. Slightly positive sentiment taped and better than expected corporate results Volkswagen and SAP. ECB President Mario Draghi today, spent most of the day in Germany, where he tried to justify the legitimacy of redemption of bonds by the Bank.

Prague bourse followed the development of the Western European exchanges and scored a modest 0.40%. None of the titles of the PX noticed volatility greater than 2%.

Earnings season in the U.S., yet surprisingly negative, that supports today went quite pleasant data. I therefore stopped overseas indexes loss and grow to half a percent. Tonight CET Fed is held at which decides on interest rates. Almost certainly remain unchanged, following a press conference, however, reveal a process already approved methodology of quantitative easing and its link to macroeconomic indicators.


Mojmír Boček

Společnost GRANT CAPITAL se specializuje na zprostředkování obchodů s akciemi na burzách v ČR a v USA. Pro více informací navštivte
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