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Forex pairs in this Article » (Barcelona) - The German DAX 30 sheds -1.30% and the French CAC 40 drops -1.20%, while the Spanish IBEX 35 falls by -1.00% and the Italian FTSE MIB plunges by -1.80%. Everywhere around Europe, stock markets are edging lower on Monday and ahead of the Eurogroup meeting, except for the Greek ATHEX that rallies by +2.75%.

The EMU Sentix Investor Confidence improved in October, but less than expected, from -23.2 to -22.2 (consensus of -20.8). Earlier, Germany saw its trade surplus widening and exports rising its pace in August. In Switzerland, the monthly and annualized CPI came in as expected, at +0.3% (from +0.3%) and -0.4% (from -0.5%) in September, as expected. The German Industrial Production, down by -0.5% (MoM) in August, but not as low as the expected -0.8%. The annualized figure rose from -1.4% to -0.8%, against declining consensus to -1.5%.

The US stock market will be closed for holiday as the country celebrates Columbus Day. Canada wil also be closed for Thanksgiving Day. WTI crude oil plunges by -1.50%, at 88.50. Gold is down by -0.57%, at 1769.
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