Boost to 2014 GDP of about 0.3% December 11, 2013 FTSE 100: up 25 points at 6551, +0.4% German DAX: up 29 points at 9143, +0.3% French CAC: up 33 points at 4124, + 0.8% 12.16pm GMT The boss of Tesco Bank also agrees that whopping bonuses for bank sales staff are counter-productive.
German DAX: up 0.8% French CAC: up 1.06% Italian FTSE MIB: up 0.7% Spanish IBEX: up 1% Yellen testifies before the committee at 10am local time, or 3pm GMT.
UK FTSE 100: up 0.8%, or 48 points, at 6487 France CAC: up 1.3% Germany DAX: up 0.8% 2.30pm GMT OBR lashes out at Cameron speech Back to the UK, where the Office for Budget Responsibility has slammed the prime minster's key speech on the economy, in which he quoted the... OBR.
FTSE 100: up 12 points at 6569, +0.2% German DAX: up 27 points at 8663, +0.3% French CAC: up 18 points at 4190, +0.4% Spanish IBEX: up 13 points at 9122, +0.14% Italian FTSE MIB: up 48 points at 17962, +0.25% Alastair McCaig (@AMcCaig_IG) Half an hour into the day and the FTSE is +16 points, these are the movers.
FTSE 100: up 10 points at 5748, +0.18% German DAX: up 49 points at 7172, +0.69% French CAC: up 22 points at 3462, + 0.6% Spanish IBEX: up 14 points at 7778, + 0.2% Italian FTSE MIB: down 38 points at 15269, - 0.25% Chris Beauchamp, market analyst at IG, explained that hope overcame fear in the City today.
The punch bowl could be here for a while... FTSE 100: up 36 points at 6666, +0.5% German DAX: up 94 points at 9149, +1% French CAC: up 43 points at 4283, 1% Italian FTSE MIB: up 27 points at 18,760, +0.15% Spanish IBEX: up 33 points at 9,708.
FTSE 100: up 35 points at 5841, + 0.6% German DAX: up 51 points at 7312 + 0.7% French CAC: up 20 points at 0.6% Spanish IBEX: up 98 points at 7777, + 1.3% Italy's FTSE MIB: up 77 points at 15667, + 0.5% With the EU summit starting on Thursday morning, traders are awaiting developments.
Here's the latest prices in Europe: FTSE 100: up 60 points at 6568, + 1% German DAX: up 67 points at 8791, +0.77% French CAC: up 26 points at4249, +0.6% Italian FTSE MIB: flat Spanish IBEX: up 46 points at 9743, + 0.5% A US debt ceiling deal will, as the cliche has it, kick the can down the road.
FTSE 100: up 72 points at 6780, +1% German DAX: up 84 points at 9443, +0.9% French CAC: up 59 points at 4350, +1.4% David Madden of IG reckons confidence has returned to the equity markets has been restored, as the stand off between Ukraine and Russia is no longer on red alert.
Here's a summary: FTSE 100: up 0.78% (up 43 points at 5709) French CAC: up 2.4% German DAX: up 1.2% Dutch AEX: up 1.18% 4.26pm: Under more (civilised) questioning from MPs, Mark Rutte reveals that the government is planning to provide the Dutch parliament with a draft version of the letter it will send to Brussels by April 30, outlining its 2013 budget.
