• European stock markets mid session: stocks decreased due to escalating violence in Iraq

Market news

13 June 2014

European stock markets mid session: stocks decreased due to escalating violence in Iraq

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%

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