- European stocks are mostly lower as sentiment is hurt by China's tightening of its cash markets, the negative impact of the strong euro on company earnings and a surprise fall in German business confidence.
- An increase in U.K. economic growth has not been able to totally offset the downbeat mood.
- EU Stoxx 50 -0.3%, London flat, Paris -0.4%, Frankfurt -0.1%, Madrid -0.7%, Milan -1.1%.
- ETFs - Stocks: EZU, VGK, FEZ, EPV, IEV, ADRU, FEP, FDD, UPV, EPV, DFE, FEU, FEEU. Bonds: EU. Euro: FXE, ERO, ULE, URR, EUO, DRR, EUFX