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European markets drop amid US debt jitters and weak earnings

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Old 26-07-2011, 12:40
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Default European markets drop amid US debt jitters and weak earnings

Equities over the European session are broadly lower once again today, as anxiousness spreads throughout the marketplace given the US Congresses failure to reach agreement regarding the debt ceiling. What´s more, weak quarterly earnings by the likes of British oil giant BP, as well as Swiss banker UBS exasperate an already risk-off environment.

In London, the FTSE 100 is already off some 30 pips or nearly 0.50% while the Frankfurt-based DAX and Paris-based CAC 40 decline by 0.42% and 0.95% respectively. Shares for BP are down some 2.67% on the UK market, while UBS drops 2.73% over the Swiss exchange.

Source: FXCC
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Old 14-07-2015, 11:53
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Default Re: European markets drop amid US debt jitters and weak earnings

Today Euro also face great crisis, mostly for Greek. be aware for trader who want to trade using EUR/USD because many broker increasing margin requirement. more detail about this you can see here Notice of important information to LiteForex clients
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