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Stock indices decreased due to escalating violence in Iraq. The violence in Iraq could lead to disruptions in the oil supplies in OPEC’s second-biggest oil producer. U.S. president Barack Obama warned to use air strikes to help the government in Baghdad.
Eurozone’s trade balance surplus decreased to 15.7 billion euro in April from a surplus of 16.7 billion euro in March. March’s figure was revised down from a surplus of 17.1 billion to +16.7 billion. Analysts had expected a surplus of 16.3 billion euro.
The number of persons employed in the Eurozone climbed by 0.1% in the first quarter.
Name Price Change Change %
FTSE 100 6,770.16 -72.95 -1.07%
DAX 9,846.78 -91.92 -0.92%
CAC 40 4,517.04 -37.36 -0.82%
Foreign exchange market. European session: the U.S. dollar traded higher against the most major currencies due to escalating violence in Iraq and ahead of the U.S. producer price index and consumer sentiment
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