European indices close marginally higher on the day/week
<p><br></p><p>The major European indices are closing the day marginally higher:</p><ul><li>German Dax, +0.22%</li><li>France CAC, +0.20%</li><li>UK FTSE 100, +0.06%</li><li>Spain's Ibex, +0.34%</li><li>Italy's FTSE MIB, +0.68%</li><li>Euro Stoxx, +0.30%</li></ul><p>For the trading week, Spain's Ibex led the upside, while the UK FTSE 100 and Italy's FTSE MIB closed lower for the week. :</p><ul><li>German Dax, +0.69%</li><li>France CAC, 0.81%</li><li>UK FTSE 100, -0.21%</li><li>Spain's Ibex, 1.82%</li><li>Italy FTSE MIB -0.24%</li></ul><p>As London/European traders head for the exit, the CAD is the strongest and the JPY is the weakest. THe USD is also lower with the greenback falling 0.62% vs the CAD, 0.56% vs the NZD, and 0.57% vs the GBP. The Canada retail sales data came in stronger than expected helping to send that currency higher today. </p><figure data-media-><img src="https://images.forexlive.com/images/Forex_id_7c2932de-d886-4459-931e-b3da948e5fcd_original.jpg" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/Forex_id_7c2932de-d886-4459-931e-b3da948e5fcd_original.jpg" /></figure><p>US stocks are muddling along with the S&P above and below unchanged. The Dow is higher. The Nasdaq is lower.</p><ul><li>Dow +0.18%</li><li>S&P -0.03%</li><li>Nasdaq -0.16%.</li></ul><p>Crude oil is down -$0.84 at $76.26. OPEC+ is reportedly close to a deal to resolve African oil quota dispute. They will meet on November 30th. </p><p><br></p>
This article was written by Greg Michalowski at www.forexlive.com.
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