As of February 8, European stock markets had gains after the increasing optimism for Chinese economy. Thus FTSE 100, Stoxx 50 and DAX rose by 0.57%, 1.25% and 0.81% respectively. However, in weekly basis, European markets declined since the political uncertainty in Italy and corruption claims in Spain increased the worries about Euro-area debt crisis.
- Chinese Economic Data Led Gains in Most Asian Markets
- EU Leaders Agreed to EU’s 2014-2020 Budget