FX & CFD trading involves significant risk
Stock indices closed higher despite the weak economic data from the Eurozone. Markets were driven by Friday's U.S. labour market data. The economy in the U.S. added 248,000 jobs in September, exceeding expectations for 216,000 jobs, after 180,000 jobs in August.
The unemployment rate dropped to 5.9% in September from 6.1% in August. That was the lowest level since July 2008.
German factory orders declined 5.7% in August, beating expectations for a 2.4% decrease, after a 4.9% gain in July. July's figure was revised up from a 4.6% rise. That was the largest drop since 2009.
The Sentix investor confidence index for the Eurozone dropped to -13.7 in October from -9.8 in September. Analysts had expected the index to decline to -11.3.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,563.65 +35.74 +0.55%
DAX 9,209.51 +13.83 +0.15%
CAC 40 4,286.52 +4.78 +0.11%
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.