Tuesday, 3 May 2016

EUROPEAN MARKETS OPEN

The European currency Euro logo stands in front of the European Central Bank (ECB) in Frankfurt/M., western Germany on August 4, 2011. The European Central Bank kept its key interest rate at 1.50 percent , a spokesman said as markets waited to see if the ECB would signal a resumption of eurozone bond purchases. AFP PHOTO / FRANK RUMPENHORST GERMANY OUT
European shares fall, with Commerzbank leading the market lower after a profit slump, while mining stocks weakened as they tracked a decline in metals prices. Commerzbank shares fell 6.4 per cent after the German bank posted a 52 percent drop in first-quarter net profit, hit by volatile capital markets and the drag on earnings from low interest rates.


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