News Column

BOURSE AFRICA (for 3.2.2014)

February 5, 2014

Trading activity was buoyant in the first session of the month on Monday. Euro/dollar futures and contracts for difference (CFDs) settled higher as euro zone manufacturing output expanded faster than initially estimated last month, led by Germany . The shared currency extended gains after data showed that growth in US manufacturing activity slowed last month. Pound/dollar futures and CFDs finished lower as manufacturing output in the UK grew last month at a slower pace than economists had forecast. Gold, as a safe haven, found support from global growth concerns, a weaker dollar and turmoil in emerging markets. Pretoria News

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Source: Pretoria News (South Africa)

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