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 was the outcome of the five-day winning run in the markets?

How did the stock 600 perform today?

What factors are investors currently digesting according to the text?

What forecast did the company make regarding sales and earnings this year?

What is the significance of the upcoming 2016 soccer tournament mentioned in the text?