MEXICO CITY, Mexico, in April. 27, 2015.- The European stock markets ended the session with gains of more than 1% due to speculation that Greece is moving ahead with the reforms needed to unlock the next tranche of international creditors.
At the close of European trade, the FTSE 100 gained 0.47%, the DAX 30 rose 1.93% and the CAC 40 rose 1.30%. The Italian Stock Exchange climbed 1.62%, while the IBEX 35 in Spain rose 1.17% and the Stoxx 600 index closed with a gain of 0.88%.
The European indices were boosted by the fact that the Greek government plans to submit a new list of amendments to its European creditors on Wednesday, which includes the abandonment of plans to increase the minimum wage.
Another story that gave optimism to the markets was that the Greek government changed its negotiating team with the Troika and reduced the prominence of his finance minister, Yanis Varoufakis, after the harsh criticism of the Eurogroup on Friday.
It is noteworthy that this week investors will be to both the monetary policy meeting of the Federal Reserve (Fed), then look for clues about the central bank’s decision to raise interest rates
tfo
<.! - - END: str_title_01 ->
No comments:
Post a Comment