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Stock indices traded lower after mixed economic data from the Eurozone and disappointing manufacturing production from the U.K. Germany's trade surplus increased to €18.8 billion in May from €17.2 billion in April. April's figure was revised down from a surplus of €17.7 billion. Analysts had expected the trade surplus to decline to €15.7 billion in May.
France's trade deficit widened to €4.9 billion in June from a deficit of €4.1 billion in May. May's figure was revised down from a deficit of €3.9 billion. Analysts had expected the trade deficit to increase to €4.1 billion in May.
Manufacturing production in the U.K. declined 1.3% in May, missing expectations for a 0.5% gain, after a 0.4% rise in April. That was the largest decline since January 2013.
Industrial production in the U.K. dropped 0.7% in May, missing forecasts of a 0.3% increase, after the 0.4% rise in April. That was the biggest decline since August 2013.
Air France-KLM shares dropped 4.6% after the company lowered its full-year profit forecast.
Commerzbank AG shares declined 4% after a person with knowledge of the matter said the bank was negotiating a settlement with U.S. authorities over their dealings with countries blacklisted by the U.S.
Name Price Change Change %
FTSE 100 6,790.67 -32.84 -0.48%
DAX 9,857.83 -48.24 -0.49%
CAC 40 4,385.81 -19.95 -0.45%
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