{"id":40173,"date":"2013-07-19T06:22:53","date_gmt":"2013-07-19T10:22:53","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=40173"},"modified":"2013-07-19T06:22:53","modified_gmt":"2013-07-19T10:22:53","slug":"europe-market-drops-ahead-of-g20-meeting","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/19\/europe-market-drops-ahead-of-g20-meeting\/","title":{"rendered":"Europe market drops ahead of G20 meeting"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>In Europe, stocks were declining while major companies reported its quarterly results as finance ministers and officials from the G20 gathered for a two-day meeting to discuss global issues. The meeting is to be held in Moscow.<\/p>\n<p>The pan-European Euro Stoxx dropped 0.38% to 2,707.79, while the German DAX fell 0.43% to 8,301.39. The French CAC 40 declined 0.43% to 3,911.08, as the UK\u2019s FTSE 100 lost 0.28% to 6,615.50.<span id=\"more-2109\"><\/span><\/p>\n<p>The finance officials from G20\u00a0 meeting up in Moscow later today for the two-day meeting \u00a0and are going to discuss global issues \u00a0, such as the increase of the youth unemployment and the slow growth of the economy .<\/p>\n<p>According to reports, the Down Jones and S&amp;P 500 reached its highest level by the market close after Morgan Stanley posted the better-than-expected results and the Federal Reserve Chairman Ben Bernanke said that the central bank would be reducing its bond-buying program if the economic conditions in the US showed further improvement and were stable.<\/p>\n<p>In Spain, the trade balance data for the month of May is expected to show deficit of 200 million euros.<\/p>\n<p>While in Italy the reported industrial orders increased by 3.2% in May month-to-month, as orders declined 1.1% year-on-year, according to the National Institute for Statistics (Istat).<\/p>\n<p>Istat reported industry sales in Italy are likely to pick up by 0.1% in the month of May on a monthly basis.<\/p>\n<p>In Germany, the Federal Statistical Office reported that the producer prices were recorded flat in June monthly, after declining 0.3% in May, while the prices increased 0.6% yearly.<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/europe-market-drops-ahead-of-g20-meeting.html\">Europe market drops ahead of G20 meeting<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog In Europe, stocks were declining while major companies reported its quarterly results as finance ministers and officials from the G20 gathered for a two-day meeting to discuss global issues. The meeting is to be held in Moscow. The pan-European Euro Stoxx dropped 0.38% to 2,707.79, while the German DAX fell &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/19\/europe-market-drops-ahead-of-g20-meeting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Europe market drops ahead of G20 meeting&#8221;<\/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-40173","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40173","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=40173"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=40173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=40173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=40173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}