• European stocks close: stocks closed lower as commodity prices remained in focus

Market news

18 December 2015

European stocks close: stocks closed lower as commodity prices remained in focus

Stock indices closed lower as commodity prices remained in focus.

Meanwhile, the economic data from Eurozone was negative. The European Central Bank (ECB) released its current account on Friday. Eurozone's current account surplus fell to a seasonally adjusted €20.4 billion in October from €30.1 billion in September.

The trade surplus declined to €26.8 billion in October from €30.1 billion in September.

The surplus on services decreased to €4.4 billion in October from €4.5 billion in September.

The primary income surplus slid to €3.1 billion in October from €5.3 billion in September, while the secondary income deficit increased to €14.0 billion from €9.8 billion.

Eurozone's unadjusted current account surplus dropped to €25.9 billion in October from €33.8 billion in September. September's figure was revised up from a surplus of €33.1 billion.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,056.38 -46.16 -0.76 %

DAX 10,608.19 -129.93 -1.21 %

CAC 40 4,625.26 -52.28 -1.12 %

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.