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On Monday, European markets started lower because the previous week positive German economic data kept lending broad support to the common currency.
The EURO STOXX 50 went down 0.11%, Germany’s DAX 30 lost 0.14%, while France’s CAC 40 declined 0.15%.
The euro was boosted after Friday’s data showed that in November German business confidence reached a record maximum, thus putting the euro area’s number one economy on track for a boom.
The data emerged just one day after official data disclosed that exports as well as soaring business investments happened to be the key drivers of euro zone surge in the third quarter, pointing that the sturdy upswing is going to extend well into 2018.
FTSE 100 dived 0.09% in London, suppressed by Mediclinic International PLC – its equities went down 2.23%.
In the USA, the Dow Jones Industrial Average futures dived 0.03%, S&P 500 futures declined 0.03%, the Nasdaq 100 futures headed south 0.01%.
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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