• European stock markets mid session: stocks traded lower after mixed economic data from the Eurozone and disappointing manufacturing production from the U.K.

Notícias do Mercado

8 julho 2014

European stock markets mid session: stocks traded lower after mixed economic data from the Eurozone and disappointing manufacturing production from the U.K.

Stock indices traded lower after mixed economic data from the Eurozone and disappointing manufacturing production from the U.K. Germany's trade surplus increased to €18.8 billion in May from €17.2 billion in April. April's figure was revised down from a surplus of €17.7 billion. Analysts had expected the trade surplus to decline to €15.7 billion in May.

France's trade deficit widened to €4.9 billion in June from a deficit of €4.1 billion in May. May's figure was revised down from a deficit of €3.9 billion. Analysts had expected the trade deficit to increase to €4.1 billion in May.

Manufacturing production in the U.K. declined 1.3% in May, missing expectations for a 0.5% gain, after a 0.4% rise in April. That was the largest decline since January 2013.

Industrial production in the U.K. dropped 0.7% in May, missing forecasts of a 0.3% increase, after the 0.4% rise in April. That was the biggest decline since August 2013.

Air France-KLM shares dropped 4.6% after the company lowered its full-year profit forecast.

Commerzbank AG shares declined 4% after a person with knowledge of the matter said the bank was negotiating a settlement with U.S. authorities over their dealings with countries blacklisted by the U.S.

Current figures:

Name Price Change Change %

FTSE 100 6,790.67 -32.84 -0.48%

DAX 9,857.83 -48.24 -0.49%

CAC 40 4,385.81 -19.95 -0.45%

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