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- European stock markets mid session: stocks traded lower, Obama’s approve of airstrikes against militants in Iraq weighed on markets
European stock markets mid session: stocks traded lower, Obama’s approve of airstrikes against militants in Iraq weighed on markets
Stock indices traded lower. U.S. President Barack Obama has authorised airstrikes against militants in Iraq.
Germany's trade surplus decreased to €16.2 billion in June from €18.8 billion in May. Analysts had expected the trade surplus to increase to €19.8 billion.
French industrial production climbed 1.3% in June, beating forecasts of a 1.1% rise, after a 1.6% fall in May. May's figure was revised up from a 2.3% decline.
Britain's trade deficit rose to £9.41 billion in June from £9.15 billion in May. May's figure was revised up from a deficit of £9.20 billion. Analysts had expected the deficit to decline to £8.90 billion in June.
Banca Monte dei Paschi di Siena SpA shares dropped 5.5% after reporting the weaker-than-expected net loss in the second quarter.
Nokian Renkaat Oyj shares dropped 5.9% after missing second-quarter earnings forecast. The company's sales in Russia plunged 31% in the first half of 2014.
Current figures:
Name Price Change Change %
FTSE 100 6,556.66 -40.71 -0.62%
DAX 8,966.63 -72.34 -0.80%
CAC 40 4,137.52 -12.31 -0.30%
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