{"id":39261,"date":"2013-06-25T08:53:17","date_gmt":"2013-06-25T12:53:17","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=39261"},"modified":"2013-06-25T08:53:17","modified_gmt":"2013-06-25T12:53:17","slug":"europe-shares-remains-high-as-pboc-calms-investors","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/06\/25\/europe-shares-remains-high-as-pboc-calms-investors\/","title":{"rendered":"Europe shares remains high as PBOC calms investors"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

The European market remained green as stocks traded at a positive territory in midday, after the People\u2019s Bank of China (PBOC) stated it would monitor money-market rates and lead them to reasonable levels.<\/p>\n

The European Euro Stoxx 50 climbed 1.34% to 2.545.50 at 11:50am GMT, while Vinci gained 3.70% .Germany\u2019s DAX rose 1.50% to 7,807.70 at the same time, as Daimler fell to a low 0.58%.<\/span><\/p>\n

In France the French CAC 40 rose 1.48% to 3,648.30 at 11:50am GMT, while Alstom fell 3.37 higher and carmaker Renault surged 5.36% while rivals Peugeot soared 5.46%.<\/p>\n

In italy, UniCredit fell 0.64%, while the energy group E.ON lowered to 0.57%.<\/p>\n

The UK\u2019s FTSE 100 gained 1.04% to 6,091.80 at the same time, as Experian climbed 4.15%. ARM Holdings rose 4.03%.<\/p>\n

In Italy, the retail sales fell 0.1% on a monthly basis since April, as retail sales slid 2.9% after the previous revised fall of 3.2%, according to the National Institute of Statistics.<\/p>\n

The roman government held an auction of new zero-coupon bonds maturing in 2015 at a high yield of 2.403%.Italy raised 3.5 billion euros, in line with the maximum target.<\/p>\n

In Asia , the Deputy Director of the central bank\u2019s Shanghai branch Ling Tao, announced that the People\u2019s Bank of China (PBOC) will be observe and keep the money market at a reasonable level.<\/p>\n

However, Ling did not hint what the central bank consider a reasonable level but he did state that the central bank would be flexible with managing the interbank liquidity.<\/p>\n

The Shanghai\u2019s repurchase agreement rate opened at 5.73% on Tuesday, which rose to a high 7.63% in the morning. The Shanghai benchmark index closed at 5.3% on Monday , lowest in four years while investors fears over banking crises in the country. The index closed at a low 0.18% on Tuesday.<\/p>\n

 <\/p>\n

The post Europe shares remains high as PBOC calms investors<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog The European market remained green as stocks traded at a positive territory in midday, after the People\u2019s Bank of China (PBOC) stated it would monitor money-market rates and lead them to reasonable levels. The European Euro Stoxx 50 climbed 1.34% to 2.545.50 at 11:50am GMT, while Vinci gained 3.70% .Germany\u2019s … <\/p>\n

Continue reading “Europe shares remains high as PBOC calms investors”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39261","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=39261"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39261\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=39261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=39261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=39261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}