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30 May 2014
European stocks mixed, Stoxx 600 headed for 7th weekly gain
FXStreet (Córdoba) - European stocks opened slightly lower Friday and traded mixed early in the session, with the Stoxx Europe 600 on track for a seventh weekly gain.
The Stoxx Europe 600 dropped 0.1% in part weighed by BNP Paribas SA which lost 5.1% Friday amid reports US authorities seek more than $10 billion from the bank to settle investigations into dealings with Iran and other sanctioned countries.
However, the index is headed for a seventh weekly gain, having risen more than 1.9% in May helped by ECB Draghi comments about being comfortable with easing monetary policy in June.
Among country indexes, the UK's FTSE 100 lost 0.16%, Germany's DAX 30 rose 0.11% and France's CAC 40 fell 0.41%. The Italy’s FTSE MIB was up 0.41%, while the Spain’s Ibex climbed 0.29%.
In commodity markets, gold steadied around $1255 an ounce, while crude edged lower and hovers around $102.80 a barrel.
In the FX market, the USD trades slightly lower still near recent highs against majors. EUR/USD was last at 1.3610, GBP/USD at 1.6745 and USD/JPY at 101.60.
The Stoxx Europe 600 dropped 0.1% in part weighed by BNP Paribas SA which lost 5.1% Friday amid reports US authorities seek more than $10 billion from the bank to settle investigations into dealings with Iran and other sanctioned countries.
However, the index is headed for a seventh weekly gain, having risen more than 1.9% in May helped by ECB Draghi comments about being comfortable with easing monetary policy in June.
Among country indexes, the UK's FTSE 100 lost 0.16%, Germany's DAX 30 rose 0.11% and France's CAC 40 fell 0.41%. The Italy’s FTSE MIB was up 0.41%, while the Spain’s Ibex climbed 0.29%.
In commodity markets, gold steadied around $1255 an ounce, while crude edged lower and hovers around $102.80 a barrel.
In the FX market, the USD trades slightly lower still near recent highs against majors. EUR/USD was last at 1.3610, GBP/USD at 1.6745 and USD/JPY at 101.60.