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European Shares Decline Before Important Data

European Stocks

European shares fell on Friday, as cautious investors awaited US jobs data and eurozone inflation for indications of the pace of major central banks tightening monetary policy. By 0819 GMT, the pan-European Stoxx 600 index was down 0.2 percent. The chemical and travel sectors faced pressure and fell for the …

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German Industrial Production Unexpectedly Drops in November

Industrial Production in Germany unexpectedly fell in November, the official data showed on Friday, suggesting that the recovery in the manufacturing sector is faltering. Eurozone’s economic powerhouse’s industrial output fell by 0.2% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, vs. a 1.0% …

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