European Stocks saw little change, after the Stoxx Europe 600 index fell at its most in five weeks and investors worries over the possibility that the Federal Reserve (Fed) may begin to taper its stimulus as soon as September as the US economy is showing signs of improvement.
The pan-European Euro Stoxx 50 gained 0.05% to 2,837.41 at the time of writing, while the German DAX dropped 0.10% to 8,367.60 at the same time. The French CAC 40 advanced 0.19% higher at 4,101.13, while the British FTSE 100 added 0.09% to 6,489.30.
Some major economic reports and new from the Eurozone is expected to be released later today, including reports on the consumer prices, trade balance data and the current account data.
Economists are expecting the current account to report an additional €19 million in the month of June, up from €14.6 in May.
While with the consumer prices in the Eurozone, analysts are expecting a drop of 0.5% in the month of July on a monthly basis, while prices are predicted to remain unchanged at a 1.6% threshold annually.
Earlier this week economic data released shows that the Federal Reserve (Fed) may begin to scale back on its bond-buying program as early as September.
Reports showed that unemployment figures came down by 320,000 in the week ending August 10, the lowest since 2007.
Policymakers have stated that if the unemployment rate keeps reducing, they would consider on when to start scaling back on its monthly bond-buying program.
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