London (AFP) - European stock markets were higher Wednesday as zone euro debt worries were soothed by auction link successful record economic growth for the Germany and the Portugal, said analysts.
Index FTSE 100 in London main actions increased by 0.33% to 6,034.04 points in midday trading.
DAX 30 Frankfurt rallied 1.23% at 7,027.02 points and Paris CAC 40 has acquired from 1.25% to 3,910.09.
The Lisbon market was 0.86% while Madrid has climbed to more than 3.46%, driven by an increase in the banks of the shares.
Portugal paid lowest on long-term debt rates of 1.25 billion euros ($1.62 billion) Wednesday it raised in a test critical for its credibility and the wider area in euro capital markets.
The DMU Portuguese, said the performance or the rate of return for investors in bonds coming due June 2020 descended to 6.716%, passing from 6.806% during a similar sale in November.
However, bonds coming due October 2014 offering also, performance is passed to 5.396%, until suddenly 4.041 p paid November — suggesting that short-term Outlook was more guarded.
"The Portuguese auction was well received," RIA Capital Markets analyst Nick Stamenkovi? told AFP.
"Not only did Portuguese treasure to draw the maximum provided, but performance was below November." This should encourage a gathering of relief for the Portuguese sovereign bonds. »
EU diplomats say that Portugal comes under strong pressure from several European countries to accept external aid in the middle of the concern that a debt crisis fresh euro area may spread in Spain, a much larger economy.
For its part, Spain also provides its first issues long term of the year on Thursday, to sensitize the two to three billion euros over 5 years bonds.
The great fear is that, if the bond rates go too high, the Spain may be forced to seek an international rescue - a crisis with global implications that would dwarf the bail out the Irish and Greek and possible similar to the Portugal action.
Debt auction Wednesday marked first foray of the Portugal in bond, since the Ireland was forced to seek a November EU - IMF rescue plan.
Prior to the auction on Wednesday, the dataset for the great economy of Europe in Germany showed German growth hit a record 3.6% last year.
Germany incurred by 4.7% in 2009 in its worst post-war recession of bounce to show the strongest growth since its reunification in October 1990.
We've grown twice the average of the European Union"in 2010, said Rainer Bruederle economy Minister.
Asian markets stock edged upward Wednesday, taking a cautious approach to the debt crisis in Europe, but with the rise in the prices of products supporting resource stocks.
Actions were usually stimulated by gains on Wall Street and the Japan announced that it will buy bonds of a eurozone Rescue Fund to help fund the bailout of the Ireland and support the block of debt-hit, said analysts.
U.S. stocks posted gains moderate Tuesday, supported by a positive start to the season of quarterly earnings.
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