On Thursday, July 2, European stock markets closed, the region together in negative territory. At this time, investors disappointed figures on unemployment, both within the region and the trans-Atlantic neighbors.
Unemployment in the euro area rose in May from 9.2% to 9.5%, which was worse than analysts' expectations. The figures for unemployment in the United States rose in June to a record since 1983 and values of 9.5% compared with 9.4% a month earlier.
Today also has a number of other macroeconomic data. Thus, the ECB's key rate was maintained at 1%, and the index of producer prices in the euro area fell in May to 0.2% m /m, while analysts predicted an increase of 0.1%.
As a result of bidding key UK FTSE 100 index declined by 2.57%, French CAC 40 was closed in the red at 3.04%, and the German DAX reduced from 3.02% of its assets. Regional Dow Stoxx 600 index fell 2.78% and closed at a level of 202.48 points.
The market capitalization of the largest in Europe, automakers Volkswagen fell by 7.34% against a background of 18% case the fall in June sales of cars in the U.S. market. Shares second largest producer of automobiles in the world of luxury Daimler cheaper at 5.37% after the sale of units of Mercedes-Benz in the U.S. declined by 26%. In addition to the whole, analysts Credit Suisse Group lowered guidance on the European Market car. Quotations Fiat fell by 0,96%.
Given the erosion of the value of black gold, which traded below $ 68 in a barrel, oil companies have suffered paper sector. For example, quotes the third largest European oil company Total fell by 3.64%, and the paper Royal Dutch Shell, a leading European oil, have become easier to 3.6%. It should be noted that the price of crude oil falls the third day in succession. An additional impetus for today's decline in steel fears of weakening demand from the United States against the backdrop of the indicators of unemployment.
Shares of the world's largest chemicals producer Clariant reduced to 8.62% after it announced plans to sell convertible bonds amounting to 225 million Swiss francs ($ 209 million).
The leading French life insurance company CNP Assurances has been shedding tendering 2.92% of market capitalization. Exane BNP Paribas analysts lowered the rating on its securities to neutral.
Quotations Irish pharmaceutical company Elan made a jump to 24.5% after the world's largest manufacturer of products for health care Johnson Johnson agreed to buy 18.4%-ing a package of its shares for $ 1 billion
Shares Swedbank, the largest lender in the Baltic States, stronger at 1.08%. The Central Bank of Switzerland said that it plans to provide credit to domestic banks in the total amount of 100 billion kroner ($ 13 billion).
With the hot summer in the UK and, consequently, increase the demand for beer in the win were the owners of pubs. Paper Greene King and Enterprise went to 2.99% and 2.89% respectively.
Sistema Shyam TeleServices, operating under the MTS brand, has launched a network of cellular communication in the Indian district of Bihar
Since early 2009, oil production in Russia increased to 242.594 million tons, gas production fell to 274.274 million cubic meters
China has increased the role of the yuan in the international monetary system
Negative figures have been the main focus and provoked a massive sale on world markets
If the ambient background does not get worse tomorrow bulls will attempt to retry the puncture
«Bear» mood in the Russian market have increased at the end of the session
In July, expected weak bearish trend for the dollar
The Chinese Government has donated Ukraine about 3 million
Total debt to pay for Donechchine reached 300 million UAH