European equities decline as geopolitical tensions put pressure

European equities decline as geopolitical tensions put pressure

On Monday, European equities started lower because geopolitical tensions kept weighing on market sentiment, affecting demand for risk-related assets, including shares.

The EURO STOXX 50 lost 0.68%, Germany’s DAX 30 dived 0.52% and France’s CAC 40 sagged 63%.

Market participants were still cautious after last Thursday’s terrorist attack in Barcelona murdered up to 14 people and also injured 100 others.

Additionally, on Sunday North Korea warned that joint American-South Korean military exercises expected to burst out on Monday will add fuel to the fire of already tough tensions with Washington as well as its allies.

Political tensions in America were still in focus, reacting to Friday’s reports that senior White House advisor Steven Bannon had been sacked.

Financial stocks mostly lost because French lenders BNP Paribas as well as Societe Generale went down 1.39% and 1.04% respectively. Meanwhile, Germany’s Commerzbank and Deutsche Bank decreased 0.23% and 0.33% respectively.

Britain’s benchmark FTSE 100 tumbled 0.29%.




Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera