European stocks plunge, regardless of German IFO

Source: WBPonline
© Scanpix/Reuters
Shares in Europe continued losing, with equities mostly ignoring German business indicator, while Increasing concerns over troubles in Syria overshadowed the IFO Business Climate data release. The pan-European Euro Stoxx 50 lost 1.61% to 2,776.09 at 8:22 a.m. GMT, while the Germany's Dax slid 1.47% to 8,311.56. The French CAC 40 reduced 1.44% to 4,008.65 and the UK FTSE 100 contracted 0.76% to 6,434.50.
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Tue, 27 Aug 2013 09:38:58 GMT

U.K. bonds rise ahead of Carney's BOE policy speech; Sterling down

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