Markets in Europe are mostly down even after positive U.S. jobs report. Euro zone inflation eases to a 14-month low in November, according to ECRI. The Swiss National Bank chairman says he will not resign over the recent currency scandal. Record overnight deposits at ECB, again. The euro dips below $1.27 for the first time since September 2010. And EU governments consider delaying their Iran oil ban.
European Central Bank (ECB) governing board member Christian Noyer said on Friday that sovereign debt issuances across Europe were going better since the start of an ECB 3-year liquidity operation for banks last month.
European shares are lower on concerns over bank capital raising. Unicredit prices rights issue at substantial discount. Overnight deposits at the ECB hit record high of 453 billion euros. Yields fall at German and Portuguese debt auctions. And Germany's Merkel is scheduled to meet with Italy's Monti next Wednesday. With Joyce Selander, author and first woman to physically trade financial futures in the pits at CBOT.
The euro's having a good day for a change. Here's why, and how to trade the shift in mood.
CNBC's Mandy Drury reports U.S. stocks are up across the board. Strong global economic reports are driving the markets. Germany's jobless rate was its lowest since re-unification, and U.S. manufacturing expanded at its fastest level in 6 months. Chinese manufacturing data was up, as well. Material and energy stocks are among the day's leaders. And BP challenges Halliburton court request on the Gulf oil spill.