Euro - European Markets Yesterday’s upbeat European manufacturing PMI reports and Mario Draghi’s statement that the Euro zone economic recovery is on track did little to alter the “risk-off” sentiment prevalent in markets over the past two trading sessions, dragging the common currency lower against the US Dollar. The Euro zone manufacturing activity expanded for the eighth consecutive month for February, helped by a pick-up in almost all major economies in the currency bloc. Manufacturing activity in France also rose, but remained marginally in the contraction region for February. In the wake of upbeat manufacturing numbers and last week’s .
Posted on: Tue, 04 Mar 2014 11:08:31 +0000
Trending Topics
Recently Viewed Topics
© 2015