Monday, September 15, 2014

Scholarships in Europe concerned with low outcome of the referendum … – to the Minute News

Scholarships in Europe concerned with low outcome of the referendum … – to the Minute News

European shares opened lower today, with nervous about the outcome of the referendum on Scottish independence from the United Kingdom on Thursday investors.

At about 09:10 in Lisbon, the Euro Stoxx 50 index, which represents the leading companies in the euro area was down, down 0.29% to 3225.81 points.

The exchanges in London and Madrid were down, down respectively 0.39% and 0.26%. Similarly, exchanges in Paris and Frankfurt were down 0.24%, while Milan retreated 0.26%.

After opening lower, the Lisbon Stock Exchange maintained the trend and about of 9:10, the main index, the PSI 20, was falling 1.04% to 5835.02 points.

In New York, Wall Street ended lower on Thursday, with the Dow Jones down 0.36% to 16,987.51 points, after rising to 16 July up to 17138.20 points, the current maximum value ever since it was created 128 years ago.

the foreign exchanges, the euro opened today almost stable in the foreign exchange market in Frankfurt, to quote to $ 1.2960, from $ 1.2931 at the close on Friday.

The European Central Bank (ECB) on Friday fixed the reference rates of the European currency at $ 1.2931.

The major concerns of investors continue to be the outcome of the referendum on Scottish independence from the United Kingdom on Thursday -Thurs, September 18, less than a week to accomplish has already caused a leak of billions of pounds of Scottish depositors to England for fear of the consequences of an eventual independence and know the pace of withdrawal of stimulus by the Federal Reserve United States (Fed).

While the supporters of the “yes” and “no” are nearly tied, on Tuesday and on Wednesday the Fed realizes that may be the last meeting before a rise in interest rate.

However, the first General Assembly (GA) of shareholders led by Ana Botín and the debate on tax reform in the Congress of Deputies, inflation in the United States and the meeting of G20 finance ministers in Cairns (Australia) are some of the main references in the economic agenda of the week.

Convened in principle only to approve a capital increase to buy 100% of its Brazilian subsidiary, AG Santander has become more important for being the first to be chaired by Ana Botín, who could use to cast into utter speech that some statement of intent on their strategy ahead of the entity.

4 September, the ECB cut the rate of principal interest to 0.05%, a new record low, and announced it will launch in October a program to buy private debt to support credit markets and boost the economy of the euro zone.

At the time, the ECB president said it will be difficult to get to a nearby inflation objectives of the institution (2%) only on the basis of monetary policy.

“You need growth” considered, noting that “are accurate budgetary measures and structural reforms especially.”

A barrel of Brent crude oil for October delivery, today opened lower, to quote to $ 96.52 at the Intercontinental Futures Exchange (ICE) in London, less than 0.60% at the close of the previous session.

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