European stocks fall weighed by geopolitical tensions

By FXstreet.com | July 21, 2014 AAA

FXStreet (Córdoba) - European stocks fell Monday extending losses into a third day, as risk aversion prevails amid mounting geopolitical tensions in Ukraine and Israel.



The Stoxx Europe 600 fell 0.53% to 337.860. Among country-specific indexes, UK FTSE 100 lost 0.37%. Germany's DAX 30 shed 0.97% and France’s CAC 40 dropped 0.61%. Spain’s Ibex 35 lost 0.49%, while Italy’s FTSE MIB fell 1.06%.



With no much ahead in terms of economic data from the Eurozone and the US, markets might continue to get cues from political developments.



In the FX markets, majors traded broadly unchanged. As for commodities, gold rose 0.41% to $1316 an ounce while crude oil was flat at $103 a barrel.



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