Markets ignore best European factory data in 17 years

Gerald · 12-01-17, 08:12 AM

Quote:

LONDON (Reuters) - European shares traded lower on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill dented Asian trading and curbed appetite for the dollar.

Quote:

Euro zone shares .STOXXE, which started to accelerate losses about half an hour before the release of the data, briefly touched a session low before stabilizing down about 0.9 percent.

A purchasing managers’ index showed that euro zone factories had their busiest month for over 17 years in November, even though they raised prices at the fastest rate in more than six years.

https://www.reuters.com/article/us-g...-idUSKBN1DU032

Movement numbers are likely to change.

Catfish · 12-01-17, 01:43 PM

They all stare at the dollar

12-01-17, 01:43 PM	#2
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 16,897 Downloads: 38 Uploads: 0	They all stare at the dollar __________________ >^..^<*)))>{ All generalizations are wrong.