1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

European stocks drop as oil weighs

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Stock markets across Europe fell in early trading on the back of nervous Asian equities and drop in oil prices.

    At the time of writing, Stoxx 50 index was trading marginally lower. Germany’s DAX and France’s CAC were down 0.05% and 0.10% respectively. UK’s mining heavy FTSE was trading up 0.06%.

    UK’s Rio Tinto was up almost 2% along with a 2.10% rise in Germany’s RWE AG ST. Meanwhile, the losing side included names like Deutsche Bank, Standard Chartered and Societe Generale.

    Oil benchmarks extended Friday’s losses on falling prospects of production freeze. Trading sentiment in Asian markets was mostly mixed, with strength in Japanese Yen triggering losses in Nikkei.
    For more information, read our latest forex news.
     

Share This Page