European shares fall early after bullish Fed

PARIS Thu Jan 29, 2015 8:06am GMT

PARIS Jan 29 (Reuters) - European stocks fell in early trading on Thursday after the U.S. Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year.

Vallourec featured among the top losers, down 6.5 percent, after the steel pipes maker warned of an impairment charge of 1.0-1.2 billion euros on the value of its assets, blaming turmoil in the oil market.

At 0802 GMT, the FTSEurofirst 300 index of top European shares was down 0.5 percent at 1,467.16 points. (Reporting by Blaise Robinson; Editing by Atul Prakash)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.