Europe's Five Day Winning Streak Is Over

The video discusses the end of a five-day winning streak in European markets, with the stock 600 index falling. Investors are reacting to earnings reports and disappointing data from China. Currency movements are highlighted, with the pound rising against the dollar but falling against the euro. Gilt and German Bund yields are also down. The corporate focus is on Adidas, which forecasts a narrowing gross margin due to higher costs in Asia but expects sales and earnings to rise by up to 12% ahead of the Euro 2016 soccer tournament. Adidas shares fell by 2%.

What event marked the end of the five-day winning streak for the primary benchmarks?

• A surge in investor earnings

• An increase in Chinese services data

• A fall in the stock 600

• A rise in the stock 600

How did the pound perform against the dollar in the recent currency movements?

• It fell for the fourth day

• It rose for the fourth day

• It fell against the euro

• It remained unchanged

What was the trend in gilt and German Bund yields?

• Gilt yields rose, Bund yields fell

• Gilt yields fell, Bund yields rose

• Both yields rose

• Both yields fell

What impact did higher purchasing costs in Asia have on Adidas?

• Increased its gross margin by one percentage point

• Narrowed its gross margin by one percentage point

• Had no impact on its gross margin

• Doubled its gross margin

What sales and earnings growth did Adidas forecast for the year?

• Up to 12% increase

• Up to 10% increase

• Up to 8% increase

• Up to 5% increase