Scoreboard: European blues

Strong economic signs from the UK and Germany failed to lift European markets, while Wall Street saw modest gains following strong data but mixed earnings.

Good economic news on both side of the Atlantic coulda and shoulda had a much bigger impact on the markets overnight, and in particular I’m surprised about the weakness in Europe. Stocks there were down about 1 per cent on the Dax, down 0.2 per cent on the CaC and down 0.5 per cent on the FTSE, but I would have thought there would at least be a plus sign in front of all of those.

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