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Euro zone ended 2014 in bad shape

Jan. 06, 2015 5:01 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Yoel Minkoff, SA News Editor1 Comment
  • "The euro zone will look upon 2014 as a year in which recession was avoided by the narrowest of margins," announced Markit's Chris Williamson.
  • Markit's final December Composite PMI missed an earlier flash reading of 51.7, coming in at 51.4, but beat November's 16-month low of 51.1.
  • "The weakness of the PMI in December will add to calls for more aggressive central bank stimulus, including full-scale quantitative easing, to be undertaken as soon as possible," added Williamson.
  • The euro is -0.2% at $1.1908.
  • DAX -0.2; CAC 40 -0.5; Euro Stoxx 50 -0.2.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

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