Stocks in Europe fell after another economic data, US housing starts fell clubbed with fall in metal prices. Yves Maillot, director of investments at Robeco Asset Management in Paris, said: "The market is fragile. What is worrisome is the economy, with skepticism about a strong recovery. We’re running out of steam.”
Another expert, Joerg Rahn, chief investment officer at wealth management company Marcard, Stein & Co, said: "Building permits from the United States were weaker than expected, but the impact was not as bad as it could have been. However, on a more general note, it is truly remarkable how unimpressed markets are at the moment. No matter whether macro data are good or bad, it seems to be shrugged off to some extent."
Britain's FTSE 100 index was 0.1 percent lower, Germany's DAX gained 0.2 percent
Another expert, Joerg Rahn, chief investment officer at wealth management company Marcard, Stein & Co, said: "Building permits from the United States were weaker than expected, but the impact was not as bad as it could have been. However, on a more general note, it is truly remarkable how unimpressed markets are at the moment. No matter whether macro data are good or bad, it seems to be shrugged off to some extent."
Britain's FTSE 100 index was 0.1 percent lower, Germany's DAX gained 0.2 percent
