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.



comments powered by Disqus
Related Forex Analysis
  1. USD/JPY crashes below 106.50, more downside in store
    Forex News

    USD/JPY crashes below 106.50, more downside in store

  2. Trading Video: Is the S&P 500 Rebound, VIX Retreat a Trend or Interlude
    Forex News

    Trading Video: Is the S&P 500 Rebound, VIX Retreat a Trend or Interlude

  3. EUR/USD bulls wake up and drive pair above 1.2800
    Forex News

    EUR/USD bulls wake up and drive pair above 1.2800

  4. Strategy Video: Which is the Better Breakout Candidate - AUDUSD or EURJPY?
    Forex News

    Strategy Video: Which is the Better Breakout Candidate - AUDUSD or EURJPY?

  5. AUD/USD Range Endures With Clearer Cues From Candlesticks Desired
    Forex News

    AUD/USD Range Endures With Clearer Cues From Candlesticks Desired

Trading Center