Market Updates
European Markets Await Stress Tests Results
Bikram Pandey
24 Oct, 2014
New York City
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European markets traded lower ahead of bank stress report scheduled to be released this Sunday. European Central Bank is scheduled to take over as the euro zone
European markets traded lower ahead of bank stress report scheduled to be released this Sunday.
European Central Bank is scheduled to take over as the euro zone’s bank supervisor.
The draft summary of the report released by the central bank today showed that 25 banks failed the stress test parameters set by the bank.
In London trading, FTSE 100 index decreased 0.5% or 31.60 to 6,387 and in Frankfurt trading, the DAX 30 index dropped 0.6% or 53.75 to 8,993.11.
CAC 40 index in Paris declined 0.6% or 26.43 to 4,131.25.
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