US: NFIB Business Optimism Index rises less than expected, at 90.8 in February

February business optimism rose from 88.9 to 90.8 in February, but market consensus was aiming at 91.3, which means a disappointing result according to NFIB data.

Mar 12, 2013

Buba head says EU crisis not over yet

Bundesbank chief and ECB Governing Council member Jens Weidmann, who presented the German central bank’s results in the Europen morning, said that inflationary pressures in the Eurozone are subsiding. This is an indication that Germany might be loosening its opposition towards ECB’s rate cut.

European markets higher, FTSE 100 up despite UK data

The German DAX 30 (-0.22%), the French CAC 40 (0.01%), the Italian FTSE MIB (+0.36%) and the Spanish IBEX 35 (+0.12%) are edging higher on the day. Even the British FTSE 100 trades higher, by +0.07%, despite UK data releases on industry and manufacturing.