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Forex pairs in this Article » (Barcelona) - The German DAX 30 (+0.15%), the French CAC 40 (+0.44%), the Italian FTSE MIB (+0.61%) and the Spanish IBEX 35 (+0.04%) are trading higher on Thursday, as most of the European indexes. Equities are on "green" on expectations of some US fiscal cliff resolution soon.

ECB's Coene called governments to take action and play their role in order to keep econimc recovery from slowing down, and added that flexibility will be required to fix problems.

The UBS consumption indicator for Switzerland eased from 1.30 to 1.23 in November. French producer prices (MoM) fell -0.5% in November, more than the expected drop by -0.2%. The Italian indicator was able to beat the 88.8 consensus for December as business confidence rose from 88.5 to 88.9.

Futures for the American S&P 500 and Dow Jones 30 are up by +0.04%, while the Nasdaq 100 signals a higher opening by +0.18% ahead of the US initial jobless claims, consumer confidence and new home sales.
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