Stocks Europe Slide, Bonds and Yen Gain as Risks Pile Up
Shares in Europe followed Asian counterparts lower as investors eyed risks from Turkey to North Korea. Treasuries advanced with the dollar, while oil dropped with most commodities.
U.S. equity-index futures also declined as optimism over U.S.-China trade talks faded together with prospects for President Donald TrumpA?ai??i??ai???s historic summit with North KoreaA?ai??i??ai???s leader. Concerns over TurkeyA?ai??i??ai???s financial-market stability drove the lira to successive record lows and weighed on emerging-market currencies. The yen rose as traders sought a haven, while equity benchmarks from Hong Kong to Sydney declined.
The Stoxx Europe 600 Index declined 0.3 percent at 395.91 as of 8:07 a.m. London time.
Source : Bloomberg