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Commodity bounce fails to spark Europe markets

Posted on 17 August 2016

European stocks finished firmly in the red on Tuesday, as strong performances in oil, mining stocks and sterling failed to electrify markets. The pan-European STOXX 600 wavered throughout trade, ending down 0.79 percent provisionally. Most sectors closed in negative territory; however basic resources ended up 1.3 percent.
On the bourses front, the U.K.’s FTSE 100 fell 0.68 percent, as sterling rose against the dollar. Meanwhile, France’s CAC 40 closed 0.83 percent down and Germany’s DAX slipped 0.58 percent………………………………………..Full Article: Source


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