• Positive data lifts European and American markets



    "Japanese" drop with the downward trend stopped for the Yin
    Positive data lifts European and American markets


    European stocks ended trading yesterday on the rise, supported by prospects of the European Central Bank's announcement of new stimulus measures after the previous session's biggest daily gains in five months. And Mario Draghi, head of the European Central Bank said during a World Conference of Central Bank Governors in Jackson Hole, Wyoming State America on Friday that the Bank was ready to activate all tools ' available ' if inflation continued to decline. The comments reinforced speculation that the ECB might work on a huge program to buy bonds in what is known as quantitative easing, to pump liquidity into the financial system and reviving inflation. Euroforest index closed 300 major European equities up 0.78 percent at 1377.21 points, according to Reuters. And the financial times 100 indexes British 0.7 per cent after the UK market holiday on Monday.
    And the French CAC 40 index ended the day up 1.18 percent, while the Dax index rose 0.82 percent. America shares and indicative Dow Jones and s & p 500 to new highs during trading with support from robust data on consumers in the United States could still prompt protracted rise in the market. The Dow Jones index rose to 17153.80 points, while the s & p climbed 500 to 2005.04 point are the highest they have ever during trading before receding to 17136.59 points to 2002.91 points respectively at 1640 GMT. The s & p 500 broke through 2,000 points level for the first time on Monday. And the Nasdaq composite index rose laced technology of 0.25 percent to 4568.9 points. But Japanese stocks were falling Nikkei Japanese lean on transactions with accelerated sales of profit-taking late in the session after stopping the Yen's downward trend adversely affecting exporters and stock index heavyweights such as Honda Motor and SOFTBANK.

    The Nikkei lost 0.6 percent to 15521.22 points. And the dollar 0.1 per cent to 103.92 yen after overnight record the highest level in seven months at 104.49 yen. And the broader Topix index retreated 0.5 percent to 1285.01 points and has not increased the volume of transactions on the 1.82 billion shares. And J index. php. exe-Niki 400 by 0.5 percent to 11687.62 points.

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