UPDATE 1-European shares dip as investors eye PMI data, ECB meeting [Reuters (UK)]
Qiagen N.V. Common Shares (QGEN)
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Source: Reuters
European shares dip as investors eye PMI data, ECB meeting - Reuters 3 Min Read (Reuters) - European shares retreated on Monday after striking a record closing high in the previous session, as investors paused before launching into a week packed with economic data and the European Central Bank’s first policy meeting of the year. The pan-European STOXX 600 index was down about 0.3%, after gaining nearly 1% on Friday on optimism around U.S.-EU trade talks to address long-standing issues such as a French digital tax and aircraft subsidies. Market activity was thin on Monday on account of the Martin Luther King Jr. holiday in the United States, with Asian shares hovering near 20-month highs. The benchmark European index has risen about 2% in January, as investors bet on faster global growth amid improving economic indicators and cooling U.S.-China trade tensions. For the week, all eyes will be on readings of the Purchasing Manager’s Index (PMI) from the euro zone, after a recent Reuters p
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