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European shares rise in morning trading, led by energy and commodities firms

Economies.com
2016-06-06 11:31 UTC

European stocks during morning trading on Monday, rose in early trading this week after suffering last week first loss in a month, and energy and commodity companies led the rises, and investors later in the day awaiting an interview with Janet Yellen head of the Federal Reserve searching for new evidence concerning the the timing of raising US interest rates.

 

 

The Dow Jones Stoxx Europe 600 index rose 0.1 percent by at 10:38 GMT, and the index last week suffered the first weekly loss in a month due to loss of export companies affected by the rise of the single European currency the euro.

 

 

Energy and commodity companies was the biggest gainer on the Dow Jones Stoxx Europe index during morning trading, BP shares and Total rose with the rise of oil prices in the global markets , and Rio Tinto shares and BHP Billiton climbed 4 percent, with higher copper prices to the highest level in nearly four weeks.

 

 

Futures for the S & P 500 rose 0.1 percent, after the index closed on Friday on Wall Street, down by 0.3 percent after data recorded the weakest pace of the US non-farm sector jobs since May 2011..

 

 

And the financial markets later in the day waiting for an important interview with Janet Yellen head of the Federal Reserve searching for new evidence concerning the future of raising US interest rates during the current year.

 

 

As for the most important European markets indicators euros Stoke 50 index rose 0.2 percent, France's CAC 40 Index climbed 0.1 percent, and Germany's DAX index rose 0.1 percent and in London Financial Times Index 100 fell the amount of 0.9 percent.

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