Monday, April 27, 2015

Rumors of Greek reforms lead to rising European markets – Televisa News

MEXICO CITY, Mexico, in April. 27, 2015.- The major European stock indexes began the week with losses, but by midday gave a return to trend supported by rumors that Greece will present a new list of reforms at its next meeting with the Eurogroup.

Specifically, the Eurostoxx 50 rises 0.61%, the Cac 40 in Paris 0.57%

accelerates, the German Dax 30 is made of a 0.82% and the London FTSE 100 takes 0.15%.

Greece remains in the spotlight of investors, while rumors that Athens will present the long awaited list of reforms accelerate next month.

After the lack of agreement on Friday, the next Eurogroup meeting is May 11. Until then, Greece has to pay 200 million euros (MDE) to the International Monetary Fund (IMF) on Friday and other 780 mde, on May 12.

Moreover, the German Dax ago against Deutsche Bank cuts after presenting results. The first German bank leaves more than 4% after announcing that won in the first quarter 12% less than the previous year due to the costs of the various investigations that have had to face in court.

The most important of the week come from tomorrow, when the meeting of the monetary policy of the Federal Reserve (FOMC), which can give new signals on rising interest rates begin. Also on Wednesday the Gross Domestic Product (GDP) Preliminary first quarter of the world’s largest economy will be known

tfo

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