Euro and stocks rise, Bunds fall after German ZEW survey
LONDON Feb 19 (Reuters) - The euro rose to a session-high against the dollar, while European stocks gained and Bunds fell on Tuesday after better-than-expected German ZEW economic sentiment.
The euro rose 0.1 percent to a session high of $1.3374 from $1.3344 before the data showed that German ZEW economic sentiment index rose to 48.2 in February, its highest since April 2010 and better than the 35.0 forecast.
German Bund futures fell to a session low of 142.61, down 15 ticks from 142.76 just before the data.
The FTSEurofist 300 index rose slightly after the German ZEW figures, and was up 0.6 percent at 1,166.05 points by 1002 GMT. Germany's DAX equity index, which had risen over the morning ahead of the ZEW figures, remained up by 0.9 percent at 7,695.84 points.
- Tesla says in talks with BMW over car batteries, parts
- Iran nuclear talks extended seven months after failing to meet deadline
- Actor Dwight Henry eyed in New Orleans killing after arrest for theft
- Hagel resigns as Defense Secretary, official says |
- Some fund managers see oil falling to $60 without OPEC cut
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video