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Showing posts with the label ADVFN Morning Euro Markets Bulletin - Friday

ADVFN III Morning Euro Markets Bulletin - Friday, 17 2012 -

ADVFN I I I Morning Euro Markets Bulletin   Daily world financial news Friday, 17 August 2012 London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts Stocks rise as Merkel backs bond-buying Market Movers techMARK 2,123.26 +0.16% FTSE 100 5,847.03 +0.21% FTSE 250 11,535.58 +0.29% Merkel backs Draghi's pledge to do 'whatever it takes' Lonmin drops as violence at South African mine escalates European banks make gains Banking stocks were pulling the Footsie higher on Friday morning as optimism regarding the Eurozone increased with Angela Merkel backing Mario Draghi's bond-buying proposal . Merkel, the German Chancellor, has thrown her weight behind the European Central Bank (ECB) President's idea of buying sovereign debt in order to bring down bond yields in peripheral Eurozone nations. She said that Draghi's pledge to do "whatever it