TELETRADER News
7/12, 3:18 PM
(Source: TeleTrader)
EuroStoxx 50+0.69%
GBP/USD-0.05%
baha france+0.68%
baha germany+0.91%
EUR/USD-0.02%
baha uk 100+0.67%
European stocks extend gains on US inflation report
Major indexes in Europe extended gains on Wednesday after a report by the United States Bureau of Labor Statistics showed the country's annual inflation rate declined to 3% in June.
The Euro Stoxx rallied 1.44% at 3:15 pm CET. Vonovia, up 5.30%, led the gains.
The DAX jumped 1.26% at 3:15 pm CET with Zalando soaring 11.94%.
The CAC 40 climbed 1.17% at 3:16 pm CET. The best performer was STMicroelectronics, whose stock advanced 4.72%.
The FTSE 100 surged 1.60% at 3:16 pm CET as Persimmon rallied 4.51%.
The euro gained 0.62% against the dollar to sell for 1.10782 at 3:17 pm CET and the pound added 0.35% compared to the US currency to go for 1.29775 a minute later.