Monday 17 October 2011

Soft Data May Quell Euro Optimism

RTT News: Global Financial Newswires

Daily Market Analysis

Monday, October 17, 2011, 09:26

Soft Data May Quell Euro Optimism

The major U.S. index futures are pointing to a lower opening on Monday, with sentiment gradually deteriorating after being buoyant earlier in the Asian session. The release of a regional survey showing continued contraction in manufacturing activity has stirred up the hornet's nest of a double-dip recession. Meanwhile, industrial production rose in line with expectations, with manufacturing output rising 0.4 percent. (Oct 17, 2011) Full ArticleForwardFacebookTwitterLinkedIn


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