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Portugal: Current Account deficit narrows to €-2.557B in December

Statistics Portugal revealed that the Portuguese current account deficit narrowed in December, from €-2.744B to €-2.557B.

European markets down on FOMC, Chinese controls and EMU PMI

The German DAX 30 (-1.88%), the French CAC 40 (-1.75%), the Italian FTSE MIB (-2.83%) and the Spanish IBEX 35 (-1.65%) fall in reaction to still weakening PMI data in the Eurozone (despite rising consensus), as well as to a lack of consensus on extending US QE by key FOMC members, and the introduction of Chinese property price controls. All European equity indexes are down on this “red” Thursday.
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Euro eyeing 1.30 as sentiment turning bearish

Traders’ hopes to see a shift back to the upside for EUR/USD have been crushed between yesterday’s unexpectedly less dovish tone from the FOMC minutes and today’s lackluster manufacturing...
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