European shares struggled to follow Asian peers higher as the euro strengthened at the end of a tumultuous week. The dollar declined against most major peers and Treasury yields dropped.
The Stoxx Europe 600 Index fluctuated before turning lower with most major national gauges and as the common currency climbed for the first time in three days. European Central Bank President Mario Draghi said he was optimistic for wage growth in the region, although stressed the need for patience, speaking in Frankfurt. European bonds were mixed. The pound headed for its second weekly rise against the dollar as sterling bulls remain optimistic on the prospects of progress in Brexit talks. The dollar weakened and Treasuries edged higher as a probe into Russian influence on the 2016 U.S. election was said to have deepened.
Source: Bloomberg Pro Terminal
Jr Trader Alexander Kumanov
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