European stocks fall for third day for trade reasons – S A N A



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London-Sana

European equities closed lower due to trade concerns, as strong German data and China's intervention to stabilize its currency did not last long.

The Stoxx 600 European equities index fell 0.5%, extending a third trading session.

The British FTSE 100 index of mining and commodity-based companies, which are highly exposed to Chinese demand, fell 0.7% and hit its lowest level in two months.

The German DAX erased its gain of 1% to approach 0.8%.

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