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European markets marginally higher on Monday

January 28, 2013 | Filed Under »
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FXstreet.com (Barcelona) - The German DAX 30 (+0.04%), the French CAC 40 (+0.04%), the Italian FTSE MIB (+0.56%), and the Spanish IBEX 35 (+0.07%) trade slightly higher on Monday, like most European equity indexes.

Throughout the morning, the ECB provided data updates regarding money supply and bank deposits. EMU money supply eased from 3.8% to 3.3% (YoY) in December, instead of rising to 3.9%. The 3m basis registed a rise from 3.4% to 3.7%. Private Loans contracted -0.7% in December (YoY). The ECB revealed a return to deposits in December: +4.1% in Greece, +2.2% in France, and +0.3% in Spain. However, Germany noted a -1.5% drop, as well as Cyprus, by -0.6%.

Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are generally flat opening ahead of the NY session, with US Durable Goods and Pending Home Sales due at 13:00 GMT and 15:00 GMT, respectively. WTI crude oil is back to flat at $95.91 (+0.01%) and Gold retraced gains and is now down at $1654.85 (-0.23%).
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