The euro fell against most of its major peers while European shares drifted lower before the region’s central bank releases minutes of its last policy meeting. Gold advanced towards $1,300 an ounce.
The Stoxx Europe 600 Index started on the back foot and stayed that way.
The tumult that swept markets in the wake of heightened tensions between the U.S. and North Korea last week has eased, bringing down gauges of equity and bond volatility and repairing most of the damage done to stock markets.
Here are the main moves in markets:
Stocks
The Stoxx Europe 600 Index decreased 0.3 percent as of 10:38 a.m. in London.
The U.K.’s FTSE 100 Index dipped 0.3 percent.
Futures on the S&P 500 Index fell 0.1 percent, the first retreat in a week on a closing basis.
Currencies
The euro dipped 0.3 percent to $1.1728, the weakest in three weeks.
The Bloomberg Dollar Spot Index climbed 0.1 percent.
The British pound fell less than 0.05 percent to $1.2887.
Commodities
Gold climbed 0.2 percent to $1,286.08 an ounce.
Zinc dipped 0.6 percent to $3,101.00 per metric ton.
West Texas Intermediate crude decreased 0.3 percent to $46.63 a barrel, the lowest in more than three weeks.
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.