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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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A fall in the European stock markets was seen this morning

Article By: ,  Financial Analyst
July 19, 2013 11:10 AM

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After a seven week high a fall in the European stock markets was seen this morning. A disappointing result from some Wall Street heavyweights last night leading to a loss of 0.3% on the U.K.’s FTSE 100, while France’s CAC 40 index dropped 0.4% and Germany’s DAX 30 gave up 0.5%.

Retailers posted gains, with shares of Marks & Spencer Group PLC up 1.9%, Next PLC 1.6% higher and Kingfisher PLC rising 1.8%.

Among other outstanding gainers, shares of London Stock Exchange Group PLC jumped 7.4% after the company reported a 39% rise in first-quarter revenue.

Easy Jet PLC climbed 4.2% after J.P. Morgan lifted the airline to overweight from underweight.

Banks were also escalating. Shares of Barclays PLC rose 2.4%, Royal Bank of Scotland Group PLC gained 4% and HSBC Holdings PLC added 1.3%.

Oil firms further rose, tracking a gain for oil prices. BG Group PLC added 1.4%, Royal Dutch Shell PLC rose 0.6% and BP PLC picked up 0.8%.

Google and Microsoft have missed earnings expectations for the second quarter. Shares in both companies fell by more than 4% in after-hours trading.

Looking at economic data the G20 backed a fundamental rethink of the rules on taxing multinational corporations, which was held by the G20 Finance Ministers and Central Bank Governors Meeting in Russia. Also at 9:30am this morning the UK public Finances and Public Net Borrowing will be released.

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