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European equities drop Monday

Jun 3 • Forex News • 1476 Views • Comments Off on European equities drop Monday

The European followed Asian indices downward Monday, as rumors still abound as to the inevitable decisions surrounding the US federal stimulus program. Without any meaningful drivers in today’s session, most stocks have traded with a slight manner of tepidness ahead of more widespread decisions.

Briefing the indices and composites, the EURO STOXX 50 fell -0.71% as it settles in region of 2750.04, down -19.60 points in these moments. In addition, the FTSE 100 moved lower Monday, operating at 6555.96 descending -26.72 points or -0.41% at the time of writing. Finally, the DAX has weakened recently as well, trading in the zone of 8268.65 presently -0.75% after a movement of -62.19 points.

Moving to commodities the prices of gold and silver are trading near session lows, and more specifically at USD $1394.56 and $22.43 per oz. respectively. In addition, the price of crude is operating at USD $92.03/bbl Monday. – FXstreet.com (Barcelona)

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