Stock
indices decreased due to escalating violence in Iraq. The violence in Iraq could
lead to disruptions in the oil supplies in OPEC’s second-biggest oil producer. U.S.
president Barack Obama warned to use air strikes to help the government in
Baghdad.
Eurozone’s
trade balance surplus decreased to 15.7 billion euro in April from a surplus of
16.7 billion euro in March. March’s figure was revised down from a surplus of
17.1 billion to +16.7 billion. Analysts had expected a surplus of 16.3 billion
euro.
The number
of persons employed in the Eurozone climbed by 0.1% in the first quarter.
Current
figures:
Name Price Change Change %
FTSE
100 6,770.16 -72.95 -1.07%
DAX 9,846.78 -91.92 -0.92%
CAC 40 4,517.04 -37.36 -0.82%