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- European stocks close: stocks fell due to escalating violence in Iraq weighed on stock markets and gas dispute between Russia and Ukraine
European stocks close: stocks fell due to escalating violence in Iraq weighed on stock markets and gas dispute between Russia and Ukraine
Stock
indices fell due to escalating violence in Iraq weighed on stock markets and gas
dispute between Russia and Ukraine. The violence in Iraq could lead to
disruptions in the oil supplies in OPEC’s second-biggest oil producer. B
Russia
threats to cut off Ukraine gas supplies
Eurozone’s
harmonized consumer price index declined 0.1% in May, meeting expectations,
after a 0.2% gain in April. On a yearly basis, harmonized consumer price index
in the Eurozone climbed 0.5%, as expected.
The core
inflation (excluding energy and food) in the Eurozone rose 0.7%, in line with
forecasts.
Indexes on
the close:
Name Price Change Change %
FTSE
100 6,754.64 -23.21 -0.34%
DAX 9,883.98 -28.89 -0.29%
CAC 40 4,510.05 -33.23 -0.73%
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