BOURSE AFRICA

The Star Early Edition - - MARKETS -

EURO/DOL­LAR fu­tures and con­tracts for dif­fer­ence (CFDs) set­tled Fri­day’s trad­ing ses­sion above $1.24 as traders di­gested data show­ing the euro zone gross do­mes­tic prod­uct (GDP) marginally beat ex­pec­ta­tions, edg­ing up 0.2 per­cent quar­ter on quar­ter be­tween July and Septem­ber. The French econ­omy grew faster than econ­o­mists fore­cast in the third quar­ter, lifted by a bounce back in do­mes­tic de­mand. Ger­man GDP rose 0.1 per­cent in the three months to Septem­ber. The dol­lar ini­tially rose against ma­jor peers amid up­beat re­tail sales and con­sumer sen­ti­ment data. How­ever, it eased as in­vestors booked some prof­its. Gold prices ben­e­fit­ted from a slide in the dol­lar. Pound/dol­lar fu­tures and CFDs re­mained weak.

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