Stoxx 600, FTSE 100, Sabadell, BBVA
European stocks seem to be opened higher on Friday, and data showing that the economic growth of England stopped in July.
Pan-Europe Stoxx 600 It was flat at 8:30 in London (03:30 meat) without a wide consensus movement between sectors and great scholarships.
The data released on Friday morning showed that the British economy has achieved zero growth in July after an economic expansion of 0.4% in the previous month. The economic law contributes to the issues of the UK Bank while preparing to update the monetary policy next week.
On Thursday, the European Central Bank did not change its most important interest rate with a highly anticipated movement.
Spanish lending in corporate news Sabadellfield It is recommended unanimously The bank’s shareholders reject a hostile transfer from domestic peers BBVA.
Sabadell CEO César González-Bubueno told CNBC on Friday, a 15 billion-Euro ($ 17.6 billion) proposal reduced the value of the bank, he said.
Sabadell shares were 0.7% lower in early trade on Friday, while BBVA shares were 0.5% lower.
Shares Vestas Wind In the morning trade, he rolled to the bottom of the Stoxx 600 and said that the US Minister of Interior Doug Burgum will not be used as a source of electricity under the leadership of US President Donald Trump.
“Under this administration, there is no future for the wind of sea because there is no future because it is very expensive and not reliable.” He said.
Elsewhere Ryaniir CEO Michael O’leary Told the Financial Times The budget airline was prepared to reduce another 1 million more tickets to Spain in the middle of a line that continues on the country’s taxation policies.
Ryanair shares were last 1% higher.
In Asia, the stocks were widely higher overnight, US futures have changed very little.
International investors are looking at the Federal Open Market Committee of the Federal Reserve, which is planned to take place on 16 and 17 September.
Money markets are pricing at an overwhelming rate of 25 -based rates cut from the FED policy makers when they meet next week. CME’s Fedwatch Tool. The US core inflation rose to 3.1% annually in August, and the data paved the way for the Fed to reduce its basic interest rate.
– Spencer Kimball from CNBC contributed to this report.
