european stocks slide as traders avoid risky bets
Last Updated : GMT 18:26:54
Arab Today, arab today
Arab Today, arab today

European stocks slide as traders avoid risky bets

Arab Today, arab today

Arab Today, arab today European stocks slide as traders avoid risky bets

LONDON - AFP

European stock markets slid Tuesday in the absence of risky trades amid concerns over the strength of the world's top economies. In late morning trade, London's benchmark FTSE 100 index fell 0.87 percent to 6,000.71 points, Frankfurt's DAX 30 dropped 0.95 percent to 7,136.89 points and in Paris the CAC 40 shed 1.07 percent to 3,995.47. The Stoxx 50 index of leading eurozone companies slipped 0.77 percent to 2,951.66 points. "Downgraded growth forecasts by the IMF for the US economy. and news from Japan that the nuclear crisis continues to worsen has hit risk appetite hard across the globe," said IG Index trader Ben Critchley. "All told, equity traders are starting to look rather more bearish, and with a run of (Easter) holidays coming up, the risk now has to be that volumes start to dry up and the downward trend continues." The International Monetary Fund on Monday cut its 2011 growth forecast for the United States to 2.8 percent from 3.0 percent, citing sluggish consumer spending power and the depressed housing industry. Meanwhile the devastating earthquake and nuclear crisis in Japan, as well as unrest in Libya and the wider region, have shaken investor confidence in Germany, the closely watched ZEW index showed Tuesday. The monthly survey of investors in Europe's top economy fell 6.5 points to 7.6 points in April. This was worse than analysts polled by Dow Jones had expected. They forecast a reading of 10 points. On the corporate front, state-rescued Allied Irish Banks said Tuesday that its net losses ballooned to 10.4 billion euros ($15 billion) in 2010, adding that it planned to axe more than 2,000 jobs by the end of next year. The huge losses and job cuts were expected as Ireland's banking sector has been left battered by the global financial crisis, which in turn has led to a massive international bailout of the eurozone nation. Greece, another bailed-out nation, raised 1.625 billion euros ($2.4 billion) Tuesday in a sale of six-month treasury bills, after a lull imposed amid persistently high money costs for the debt-hit EU member. The Greek debt management agency said the yield had risen to 4.8 percent from 4.75 percent offered in the last six-month bill sale in March. Traders also digest mixed European inflation data. In Britain, annual inflation dropped to 4.0 percent in March from 4.4 percent in February, which had been the highest level for more than two years, official data showed. Consumer prices however rose in Portugal to 4.0 percent in March

arabstoday
arabstoday

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides

GMT 15:05 2017 Wednesday ,15 November

Bahrain Bourse daily trading performance

GMT 02:47 2017 Wednesday ,15 November

Asian markets down as fears grow for US tax reform

GMT 19:56 2017 Tuesday ,14 November

Bahrain Bourse daily trading performance
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european stocks slide as traders avoid risky bets european stocks slide as traders avoid risky bets

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european stocks slide as traders avoid risky bets european stocks slide as traders avoid risky bets

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday