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- European stock markets mid session: stocks traded lower on worries over the situation in China
European stock markets mid session: stocks traded lower on worries over the situation in China
Stock indices traded lower on worries over the situation in China. China's central bank injected more liquidity into the financial sector to calm market participants.
The German parliament will vote on the third Greek bailout programme today. Analysts expect that the parliament vote for the bailout for Greece.
Meanwhile, the economic data from the Eurozone was mixed. Eurozone's current account surplus climbed to a seasonally adjusted €25.4 billion in June from €19.1 billion in May.
The surplus was driven by higher surpluses on trade in goods and primary income. The trade surplus rose to €27.2 billion in June from €24.9 billion in May, while primary income increased to €1 billion from €0.8 billion.
The surplus on services declined to €5.7 billion in June from €6.6 billion in May, while the secondary income dropped to €8.4 billion from €13.3 billion.
Eurozone's unadjusted current account surplus soared to €31.1 billion in July from EUR 4.3 billion in May. May's figure was revised up from a surplus of €3.4 billion.
Construction production in the Eurozone decreased 1.9% in June, after a 0.2% rise in May. May's figure was revised down from a 0.3% gain.
Civil engineering output declined 2.7% in June, while production in the building sector dropped 1.6%.
On a yearly basis, construction output fell 2.3% in June, after a 0.2% rise in May. May's figure was revised down from 0.3% increase.
Current figures:
Name Price Change Change %
FTSE 100 6,471.85 -54.44 -0.8 %
DAX 10,796.41 -119.51 -1.1 %
CAC 40 4,926.72 -44.53 -0.9 %
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