26 Jan 2015
Europan sharese shrugged off Greece - KBC
FXStreet (Guatemala) - The KBC Market Research Desk explained that European shares shrugged off the Greek election results, extending their post ECB‐rally.
Key Quotes:
"Most European indices gain around 0.50%. Greek stocks underperform, trading about 4% lower. US Equities opened lower, in the absence of important data or earnings.
"Greece’s leftist leader Tsipras was sworn in as Prime Minister of Greece today and assured President Papoulias he has enough support to form a government. The leader of the Independent Greeks party said they will participate in the Tsipras government. Tsipras is expected to announce his cabinet by tomorrow."
Key Quotes:
"Most European indices gain around 0.50%. Greek stocks underperform, trading about 4% lower. US Equities opened lower, in the absence of important data or earnings.
"Greece’s leftist leader Tsipras was sworn in as Prime Minister of Greece today and assured President Papoulias he has enough support to form a government. The leader of the Independent Greeks party said they will participate in the Tsipras government. Tsipras is expected to announce his cabinet by tomorrow."