European shares slightly lower on Wednesday

Market news

4 May 2011

European shares slightly lower on Wednesday

European shares were slightly lower on Wednesday after hitting one-week lows as a decline in metals prices on uncertainty about global raw material demand hurt mining stocks, although retailers supported the market.

US: Challenger reports 36,490 planned layoffs in April, down from the 41,528 reported in March and from 38,326 in April 2010.

USD/JPY posted new session high

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