European stocks retreat from all-time highs

European stocks retreat from all-time highs

Shares in the Euro zone eased from all-time highs on Monday trade, with the commodity markets leading the plunge, as investors digested weaker-than-expected Chinese trade data and inflation concerns.

Miners dropped over 1% as copper prices declined following the release of Chinese exports data. The weaker-than-expected figures triggered concerns of weakening demand for the red metal.

Oil and gas stocks also fell over 1% as crude prices pulled back as investors await the talks between Iran and world powers over a nuclear deal that is anticipated to bolster crude supplies.

The broad STOXX 600 index declined 0.3% after setting its best record on Friday as global investors trade cautiously as they wait for the U.S. inflation data due later this week.

Meanwhile, French vouchers and cards provider Edenred advanced 1.9% after Deutsche Bank leveled up the stock to “buy”.


Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?