Trades in Europe on Tuesday, August 31, opened by the decrease of the leading indexes after a noticeable drop in U.S. markets and Asia. After the morning to reduce stock indexes much of the session showed the lateral dynamics. However, by the end of trading mood of investors has improved the publication of macroeconomic statistics in the U.S., as well as the positive opening of U.S. stock exchanges. The index of consumer confidence in America in August rose to 53.5 points compared with 51 points in July Analysts also expect that the index would be 51 points. The index of business activity, calculated Managers Association of Chicago (PMI), in August 2010. fell to 56.7 points. Experts predicted that the figure for the reporting period was 56 points. Investors were optimistic about the published data, and buying on the stock exchanges resumed. As a result, by the end of the day the major indexes in Europe were able to win back losses and closed with a gain. The French CAC 40 index rose to 0,11% - to 3490.79 points, Germany's DAX rose by 0,22% - to 5925.22 points, Britain's FTSE 100 added 0.46% to 5,225.22 points.
Shares of French retailer Carrefour fell 0.78% Net profit in the first half of 2010. amounted to 82 million euro against net loss a year earlier of $ 58 million euro. Sales of French retailer for January - June 2010. increased by 6% and amounted to 43.73 billion euros, while a year earlier the figure was fixed at 41.28 billion euros. Before tax profit for the period increased by 88,4% and reached 362 million euros against 192 million euros for January - June 2009
The papers of the German manufacturer of semiconductors Infineon Technologies AG declined by 0,2%. The largest producer of microprocessors - the American company Intel Corp. intends to buy Infineon unit for the production of chips for wireless devices Wireless Solutions for 1.4 billion dollars
Unemployment in the euro area in July 2010. unchanged at 10%. It is reported by the news service RBC with reference to a report published on Tuesday, the European statistical agency Eurostat. Analysts also expect that the index value of 10%. In annual terms, the unemployment rate in July 2010 in the euro area rose by 0.4 percentage points - from 9,6% in July 2009. In 27 countries - EU member states the unemployment rate in July 2010. with seasonal fluctuations did not change compared with the revised figure for June 2010. and amounted to 9,6%. In annual terms, the unemployment rate rose by 0.5 percentage points compared with 9.1% in July 2009. In July of 2010. the lowest unemployment rate was recorded in Austria (3.8%), while the highest - in Spain (20,3%).
Consumer prices in the euro zone, according to preliminary data, in August 2010. on an annualized basis rose by 1,6%. Analysts also expect that inflation in the euro zone in August will be at the level of 1,6% in annual terms. In July of 2010. consumer price index in the euro area rose by 1,7% relative to the same month a year earlier.
The unemployment rate in Germany in August 2010. seasonally adjusted unchanged at 7.6%. Such data are distributed on Tuesday, the Federal Agency for Employment of the country. Analysts also predicted that this figure will remain at 7.6%. In absolute terms the number of unemployed seasonally adjusted, in August 2010. decreased by 17 thousand people and was 3,193,000 people. Without taking into account seasonal fluctuations in the number of unemployed in Germany up to August 2010. decreased by 4 thousand people - up to 3,188,000 people.
