European stock 'fear gauge' hits near six-year low
PARIS Jan 25 (Reuters) - The Euro STOXX 50 Volatility Index , or VSTOXX, Europe's widely-used measure of investor risk aversion, hit a near six-year low on Friday in a strong signal of growing appetite for equities.
The VSTOXX, based on put and call options on Euro STOXX 50 stocks, fell 3.5 percent to as low as 14.77, a level not seen since early 2007, before the start of the U.S. subprime crisis that triggered the world's biggest economic crisis since the Great Depression. (Reporting by Blaise Robinson; editing by Simon Jessop)
- Islamic State video purports to show beheading of UK hostage David Haines |
- North Korea sentences U.S. citizen Matthew Miller to six years hard labor |
- Scots independence battle reaches fever pitch on streets and screens |
- UK's Cameron resists calls for air strikes despite hostage killing |
- NATO countries have begun arms deliveries to Ukraine: defense minister |