European markets lower amid disappointing earnings; Athens expands losses

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Source: Reuters
Stock markets in Europe edged lower on Tuesday, following weak reporting results from European companies and concerns about health of Chinese economy. The pan-European STOXX fell 0.6%, while both the German DAX and the French CAC 40 edged slightly lower with BMW and Credit Agricole among the worst performers. Meanwhile, the Athens equity market slumped 4% after a 16% plunge on Monday.
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Wed, 05 Aug 2015 09:01:06 GMT

Oil recovers ahead of inventory data

Prices for oil rose on Wednesday amid the expectations for a fall in the US stockpiles. Moreover, positive sentiment towards crude was also boosted by an increase in Chinese services PMI. WTI was up 0.72% at $46.04 per barrel, while Brent rose 0.8% to $50.73 per barrel by 08:03 AM GMT. However, the firm Greenback erased potential gains for oil,

Tue, 04 Aug 2015 09:21:04 GMT

Euro slightly higher against Greenback

The common currency advanced marginally against the Dollar, as the lack of economic data released on Tuesday limited movements by the pair. The Euro rose 0.1% to 1.0965 against the Greenback by 8:40 AM GMT. Traders remained calm, as they await economic figure packed Wednesday, when the US trade balance, ISM Non-Manufacturing PMI, and the Crude oil inventories figures will

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