Euro News: The actions of central banks failed to impress the Euro markets

Dissatisfaction prevailed in European stock exchanges Thursday with the indices closing at Discount ground failing to find support measures in the monetary easing of central banks in Europe and China. The chtipima set the sign given by the President of the European Central Bank, Mario Draghi, who said the high uncertainty continues to weigh on confidence and the economic climate.

At the press conference after the ECB's decision to lead new historic low interest rates by Mario Draghi spoke of "sluggish" growth in the Euro zone, while noting that some of the downside risks to growth outlook materialize.

The ECB cut today by 25 basis points the interest rate on main refinancing operations to 0.75% and the marginal lending rate and deposit at 1.50% and 0.00% respectively.

This followed the announcement of China's central bank to reduce the reference to the deposits and loans, the 12-month lending rates to fall by 0.31% and deposit rates to fall by 0.25%.

At the same time extending the program bond market and maintain its main interest rate to 0.50%, decided by the central bank of England (BoE).

Investor interest also turned to government debt auctions in Ireland to come out successfully in the markets for the first time since September 2010, when he received the bailout.

In particular, the body managing the country's public debt today drew the requested amount of 500 million auction Treasury bills 3 months duration. The rate stood at 1, 8% and the coverage degree of 2.8. Settlement date is set July 9, 2012.

At the same time as Spain raised the maximum requested amount of 3 billion in today's auction of bonds of different maturities. Increased performance was at 4-year and 10 year bonds, while slightly lower was the rate of three-year securities. The government would sell bonds to the amount of 2 to 3 billion.

Spain managed to raise the maximum amount requested but the overall results are interpreted as "mixed but well," says trader in the bond market Dow Jones Newswires.

The pan-European Stoxx Europe 600 index fell 0.2% to 256.93 points, while the estimator of the state of the stock markets of member countries of the Euro zone, the Euro Stoxx 50 lost 1.21%.

The German DAX 30 fell 0.47% to 6,534 units, the French CAC 40 fell 1.16% at 3229.80 points, while the UK FTSE 100 simeiiose small gains 0.13% at 5691.80 points.