London (ap)-European stock markets recovered Thursday that the central bank to take action to ease the temper of the financial crisis and recession damage earnings worries.
In the past few days bells and whistles that markets have been worry, use the euro's 17 states for the fourth largest economy, Spain may need assistance line along the Greece, Ireland and Portugal.
The market to last Thursday, and, to some extent, the report said, the European central bank President, said Della, investors in the London conference in the bank can market intervention, to reduce the government's lending rates.
The lower, the German DAX index is up 0.1%, and in 6410.25 points, while the French CAC 40 is 1% higher than in 3112.45. UK FTSE rose 0.5% to 5523.28. The euro rose against the dollar, trade $1.2214 0.5% higher.
Wall Street expectations high open, the dow and s&p 500 index closed up 0.4%,.
Spain and Italy loan interest rates fell, the European central bank to the President's speech. The 10-year bond yields to Italy dropped to 6.35%. However, the main interest rate remained at Madrid 7.21%, not the continued high.
Securities analyst monument, mark ostrosky anwar's Della ji welcomed the opinion, high lending interest rates could damage the bank's efforts to control inflation. Market observers note that this is a signal that the European central bank may be more willing to intervene in the market, in order to reduce these lending interest rates-bank in recent months has said its part of the task.
Val DE ostrosky said: "they may be trying to win that circumvent the buy government bonds the limit,".
The market mood also increased has on Wednesday, the European central bank policymakers ella DE NuoWoTeNi think anwar, European aid funds can give banking licences. This will make from the European central bank borrowing money ability. This move will be Spain and Italy current assistance funds don't have enough money to rescue them two special significant.
Della auspicious opinion can contribute to offset mainly from corporate earnings news pessimistic. Engineering group Siemens and vehicle manufacturers such as Volkswagen company warned that slowing economic growth in Europe will hurt profits in the next few quarters. Damage in the industry and automobile industry of the stock.
Siemens's stock is down nearly 4%, and the public car fell 2.3%. Alcatel lucent telecommunications manufacturers encounter drop 8.6%. The shell oil company profits is low, its shares fell 3.1%.
Consumer goods makers unilever is a window, get report, in the strong growth in profits by 4.7%. But the business improvement is due to growth outside Europe, in fact of the drop in sales.
Earlier in Asia, most index prices, but the increase in charge for the inspection of keep evidence that Europe's long-term debt crisis in the region to take. Asia's fourth largest economy, South Korea, said two years of low weakness in Europe from South Korea's largest market of China crimped demand slowing economic growth in the second quarter.
Japan's nikkei 225 stock average price index rose by 0.9%, to 8443.10 point, Hong Kong's hang seng index rose 0.1% to 18892.79 points. South Korea Kospi index rose 0.7%, to 1782.47. Australia benchmark rose 0.6% to 4147.70 points, while the Shanghai composite index fell 0.4% to 2126 points.
In the energy business, September delivery benchmark crude oil futures prices $88.85 a barrel on the New York mercantile exchange electronic transactions fell 12 cents. The contract up 47 cents, to $88.97 in New York ended last Wednesday.
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