European shares end lower on disappointing PMI data

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Source: Marketwatch
European equities fell on Thursday, pressed by weaker PMI readings both from China and Euro Area, boosting concerns about further recovery of region. Stoxx Europe 600 gave up 1.2%, FTSE 100 index slipped 0.8% and German DAX lost 1.3%. French CAC 40 index tumbled 1.6% and Italian FTSE MIB index shed 1.7%.
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Fri, 23 Mar 2012 07:30:13 GMT

Gold futures declined in Asian session on stronger US Dollar

Gold prices decreased during the Asian session on Friday amid stronger US Dollar. The US Dollar index, which measures its performance against set of six main currencies, added 0.02% to USD79.97. COMEX gold April contract traded at 1643.25 US Dollars per troy ounce on the New York Mercantile Exchange, easing down by 0.05%.

Fri, 23 Mar 2012 07:57:32 GMT

Euro Zone factory orders fell in January

The number of manufacturing orders in Euro Area dropped more than expected in January as companies struggled to overcome region's crisis amid cooling Chinese economy. Production orders in Euro countries shed 2.3% in the first month of 2012. Analysts questioned by Reuters predicted a 2.1% decline. 

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