Europe shares commerce decrease as German economic system contracts – MarketWatch


Europe stocks traded lower in early action on Wednesday after data showing the Continent’s largest economy contracted.

After halting a two-day losing run on Tuesday, the Stoxx Europe 600












SXXP, -0.20%










 dropped 0.16% to 371.82, with banks including Deutsche Bank












DBK, -2.40%










 and Banco Comerical Portugues












BCP, -2.37%










 lower.

The U.K. FTSE 100












UKX, -0.02%










 dropped 0.01% to 7249.92, the German DAX












DAX, -0.38%










 dropped 0.25% to 11720.91and the French CAC 40












PX1, -0.36%










 declined 0.23% to 5350.82.

Germany’s economy shrank by 0.1% in the second quarter, according to data released by Destatis, the statistics agency. Eurozone GDP for the second quarter is due later.



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