25 Jun 2014
European stocks fall for a fourth session
FXStreet (Córdoba) - European stocks fell further Wednesday, putting benchmarks on track for a fourth day of losses, as in the absence of economic data equities followed the lead of their American peers after a late sell-off in Wall Street.
The Stoxx Europe 600 fell 0.61% at 343.46. The index has lost 1.3% in the past 4 days, weighed by soft Eurozone data and broad risk aversion. Among country indexes, UK FTSE 100 dipped 0.59%. Germany's DAX 30 lost 0.37% and France’s CAC 40 shed 0.59%. Spain’s Ibex 35 was down 0.44% while Italy’s FTSE MIB dropped 0.06%.
European and Asian stocks came under pressure following a sharp fall in the US DJIA, which dropped 0.7% in late trading Tuesday.
In the FX market, majors were little changed within familiar ranges in a quiet session, with the USD mixed across the board and the GBP still on the defensive following Carney’s relatively dovish comments.
As for commodities, gold fell 0.51% to $1314.50 an ounce, while crude oil rose 0.30% to $106.35 a barrel.
The Stoxx Europe 600 fell 0.61% at 343.46. The index has lost 1.3% in the past 4 days, weighed by soft Eurozone data and broad risk aversion. Among country indexes, UK FTSE 100 dipped 0.59%. Germany's DAX 30 lost 0.37% and France’s CAC 40 shed 0.59%. Spain’s Ibex 35 was down 0.44% while Italy’s FTSE MIB dropped 0.06%.
European and Asian stocks came under pressure following a sharp fall in the US DJIA, which dropped 0.7% in late trading Tuesday.
In the FX market, majors were little changed within familiar ranges in a quiet session, with the USD mixed across the board and the GBP still on the defensive following Carney’s relatively dovish comments.
As for commodities, gold fell 0.51% to $1314.50 an ounce, while crude oil rose 0.30% to $106.35 a barrel.