* Eurostoxx -0.9%
* Germany DAX -0.6%
* France CAC 40 -1.0%
* UK FTSE -0.6%
* Spain IBEX -0.6%
European indices were spared the afternoon selling in US equities yesterday, which came after a report on Apple planning to slow hiring and spending. In any case, the ongoing concerns about a gas crisis in the region is also not really comforting for the outlook and that will be a key factor to watch in the weeks/months ahead.
The extremely hot weather in Europe right now isn't helping with conserving energy resources whatsoever as well.
This article was written by Justin Low at www.forexlive.com.
http://dlvr.it/SV7DN8
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