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- European stock markets mid-session: European indices continue to weaken
European stock markets mid-session: European indices continue to weaken
European indices are trading lower after the ECB's latest round of TLTRO loans and ahead of key U.S. data on retail sales and initial jobless claims due 13:30 GMT. Banks borrowed 129.8 billion euros of four-year loans from the ECB, little more than half of the maximum offered by the central bank, fuelling expectations for further monetary stimulus and the ECB buying sovereign bonds next year. The FTSE 100 index lost -0.62% quoted at 6,460.06 points. France's CAC 40 declined -0.18% trading at 4,220.13 and Germany's DAX 30, being the only index trading with a plus, rose +0.17 to 9,815.98 points.
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