European markets mixed after multi-year highs

By FXstreet.com | June 10, 2014 AAA

FXStreet (Córdoba) - European stocks opened lower Tuesday, with the Stoxx Europe 600 pulling back from its highest closing level in more than 6 years, but they turned broadly higher soon after.



The Stoxx Europe 600 rose 0.12% to 349.03 after closing up 0.4% on Monday at 348.61, the strongest close since 9 January 2008. Stock indexes across Europe have reached multi-year highs after the European Central Bank announced a range of easing measures Thursday.



Among country indexes, UK’s FTSE shed 0.47% while France's CAC 40 and Germany DAX both rose 0.13%. The Italy’s FTSE MIB gained 0.45% while Spain’s Ibex dropped 0.10% in early trade.



Elsewhere, the US dollar was higher across the board, with EUR/USD back below 1.3600. Gold was little changed at $1254/oz while crude oil rose 0.12% to $104.50 a barrel.



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