BLOOMBERG Bloomberg Markets European Close October 26, 2016
Mark have a look at where european equities are trading. Equities are falling for a third day. These are the currencies rising against the dollar. We have defensive assets such as bonds falling, yields gaining, and commodities, that is the huge today. Lets get to the earnings. It owns caring and gucci, shares jumping as much as 9 , the highest since 2001. Fastest sales growth since 2012, boding well for luxury goods makers as christmas approaches. Reporting estimate beating sales indicating that the peak Holiday Season may see Strong Demand and potentially giving the luxury industry some respi...