European stocks fell, investors awaited Wednesday’s release of minutes from last month’s Federal Open Market Committee meeting. 

Shares of Glencore Xstrata lost 1.6% after Reuters reported the mining company may write down as much as $7 billion of inherited Xstrata assets when it reports results this week.

Lenders Drop after Bank of Spain data showed that Spanish banks' bad loans rose to a fresh high of 11.6% in June vs 11.2% in May. Shares of Banco Santander SA -1.4%, UBS -1.7%, UniCredit SpA -3.6%, Banco Popolare SC -3.9%.

Currently:

FTSE  6,489.5