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
dropped 0.16% to 371.82, with banks including Deutsche Bank
and Banco Comerical Portugues
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.