Wednesday, May 13, 2015

Economic data reassured European stock markets – Televisa News

MEXICO CITY, Mexico, May. 13, 2015.- The main squares of the Old Continent are installed on the plus sign in early afternoon trading on Wednesday, supported by publications Eurozone growth in the first quarter, providing the opportunity to buy cheaply in stock markets after a decline of more than 2% in the last two sessions.

In particular, the Eurostoxx 50 up 0.82%, the Cac 40 in Paris 1.32%, the German Dax 30 accelerates It is made of 0.65%, while the London FTSE taking 0.60%.

In the first quarter, the Gross Domestic Product (GDP) in the Eurozone rose 0.4% compared to last three months of 2014, when it was 0.3%.

Also, investors received a good surprise from France, GDP in the second largest European economy grew 0.6% in the first three months of 2015, better than the 0.4% expected by the consensus.

However, market participants took a slight disappointment when the German statistics office reported that the GDP of the first economy of the Euro Zone It grew by only 0.3% at the end of March, versus 0.5% expected by the market. For a year, the growth was 1.1%, slightly below the 1.2% expected.

Later, the attention of the markets will lead the United States, where the April retail sales will be published. Last month, car sales disappointed, which could weigh on the overall figure. It is expected that the increase is limited to 0.2%

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