Archive - Apr 7, 2015 - Story
Back From Holiday, European Stocks Celebrate Atrocious US Jobs Data, Jump Over 1%
Submitted by Tyler Durden on 04/07/2015 05:45 -0500- Aussie
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Yesterday it was only the US that got the full benefit of the market-wide stop hunt that sent the US market soaring on its biggest opening ramp in 2015 following the worst payroll data since 2013, because Europe was closed for Easter Monday. Which means today it was Europe's turn to celebrate atrocious US data (yes, yes, snow - because somehow tremendous January and February jobs data was not impacted by snow), and in the first European trading session of the week, equities have started off on the front-foot.
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