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- European stock markets mid-session: Banking stocks weigh on European indices
European stock markets mid-session: Banking stocks weigh on European indices
European stock indices are trading lower today despite a strong Japanese market and Eurozone's industrial production within estimates. Bank stocks were under pressure after regulators imposing a total of USD3.4 billion settlement over allegations of price-fixing in the currency markets. UK's unemployment rate was slightly higher at 6.0% and wages growing faster at 1% than the 0.8% predicted by economists. UK's FTSE 100 index is down -0.39% trading at 6,601.672 points. Germany's DAX 30 lost -1.22% trading at 9,254.50 points and France's CAC 40 is down -38.70 points, a loss of -0.91% currently trading at 4,205.40 points.
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