European shares are lower for the same reasons why gold has passed $1,600/oz. - impasse in the...

|By:, SA News Editor

European shares are lower for the same reasons why gold has passed $1,600/oz. - impasse in the U.S. over debt and impasse in Europe over debt, not to mention the results of EU bank stress tests that seem to be reassuring nobody. STOXX Europe 600 is -1.2%.