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. Weekly Trading Forecast: FX Traders Prepare for Heavy Volatility on FOMC, GDP and ...
    Forex News

    Weekly Trading Forecast: FX Traders Prepare for Heavy Volatility on FOMC, GDP and ...

  2. Trading Video: EURUSD Traders Buckle Up for FOMC, ECB Stress Tests, Risk Trends
    Forex News

    Trading Video: EURUSD Traders Buckle Up for FOMC, ECB Stress Tests, Risk Trends

  3. US Session recap: USD consolidation ahead of FOMC
    Forex News

    US Session recap: USD consolidation ahead of FOMC

  4. A market in a technical snap-shot - RBS
    Forex News

    A market in a technical snap-shot - RBS

  5. EZ gave mixed data at key timings - BBH
    Forex News

    EZ gave mixed data at key timings - BBH

Trading Center