European Economic News Preview: German Industrial Output, Foreign Trade Data Due

BoJ Tankan Survey Due On Monday

The Bank of Japan will on Monday release its quarterly Tankan Survey for business sentiment, highlighting a modest day for Asia-Pacific economic activity.

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Canadian Dollar Falls Against Euro

The Canadian dollar declined against the euro in the New York session on Friday.

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Swiss Stock Market Extends Losing Streak

The Swiss stock market suffered a late slump to wipe out early gains, stretching its losing streak to four sessions.

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European Shares End Under Water On Friday

The major European markets finished in the red on Friday, unable to hold early gains and slumping late in the trading day.

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FTSE 100 Lags In Global Stocks Rally

The FTSE 100 benchmark of the London Stock Exchange extended gains on Friday albeit with a less pronounced rally than peers in Europe amidst weaker than expected GDP data.

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UK Economy Unexpectedly Shrinks In October

The UK economy experienced an unexpected contraction in October, as uncertainty ahead of the Autumn budget dampened spending and investment, official data revealed on Friday. Gross domestic product fell 0.1 percent month-on-month in October, the same pace of drop as seen in September, the Office for National Statistics reported. GDP was forecast to grow 0.1 percent.

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CAC 40 Extends Gains

A positive sentiment in global markets attributed to the Fed's monetary policy action that turned out to be less hawkish than expected lifted the CAC 40 index.

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Pound Slides As U.K. Economy Shrinks

The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted for the second straight month in October.

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EURUSD	1.1736	GBPUSD	1.33699	AUDUSD	0.66396
USDJPY	155.796	USDCAD	1.37671	USDCHF	0.79488