European markets lose on German stocks

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Source: Marketwatch

European stock markets declined on Monday , as German stocks edged lower on data, which indicated weakness in Chinese service sector. The Stoxx Europe 600 index fell 0.4 per cent to 234.25. The German DAX 30 index dropped 1 per cent to 5,985.47, with Volkswagen AG tumbling 2.7 per cent and Daimler AG retreating 1.5 per cent.

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Mon, 04 Jun 2012 20:35:19 GMT

Euro increases against USD

The single European currency grew in value versus U.S. dollar in Monday trading. The euro ticked higher to $1.2437 from $1.2384. The ICE greenback's index, which shows currency's relation to its six major counterparts, fell to 82.780 from 82.878.

Mon, 04 Jun 2012 19:29:19 GMT

Asian markets decline on weak U.S. data

Asian stock markets edged lower this Monday on U.S. jobs data report that increased concerns about global economic growth. Hong Kong's Hang Seng Index tumbled 2.4 per cent and the Shanghai Composite index slipped 1.7 per cent. The Tokyo's Nikkei Stock Average and the Topix dropped 2.1 per cent and 2.2 per cent respectively.

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