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Europe led lower by German industrial data

Aug. 07, 2015 4:05 AM ETEWG, GF, EWGS, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor4 Comments
  • European shares are heading lower after an unexpected decrease in German industrial production, highlighting risks and raising questions about the strength of recovery in Europe's largest economy.
  • Coming in way below analyst expectations, output slumped by 1.4% in June, after rising a revised 0.2% in May. Exports fell 1%, while imports dropped 0.5%.
  • FTSE 100 -0.1%; DAX -0.5%; CAC 40 -0.4%; Euro Stoxx 50 -0.5%.
  • ETFs: EWG, GF, DAX, DXGE, HEWG, DBGR, EWGS, FGM, QDEU

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