European stocks moved lower on Wednesday, as investors continued to be careful in front of the minutes from the Federal Reserve’s latest policy meeting due at nighttime.
During European morning trade, the EURO STOXX 50 fell .26%, France’s CAC 40 declined .61%, while Germany’s DAX 30 tucked .25%.
Market participants were awaiting the minutes from the Fed’s September policy meeting for hints around the central bank’s future policy moves, because the odds for any December rate hike passed the 70% threshold on Tuesday.
Energy stocks were broadly greater, as French gas and oil major Total SA (PA:TOTF) advanced .77% and Italy’s ENI (MI:ENI) rose .82%, while Nowegian rival Statoil (OL:STL) acquired .58%.
Financial stocks were also around the upside, as French loan provider Societe Generale (PA:SOGN) rose .30% in France, while Germany’s Deutsche Bank (DE:DBKGn) and Commerzbank (DE:CBKG) added .30% and .77%.
Among peripheral lenders, Italy’s Intesa Sanpaolo (MI:ISP) and Unicredit (MI:CRDI) acquired .51% and 1.15% correspondingly, while Spanish banks Banco Santander (MC:SAN) and BBVA (MC:BBVA) rose .45% and .60%.
Lufthansa AG VNA O.N. (DE:LHAG) put into gains, with shares up 4.49% after analysts at Kepler Cheuvreux elevated their cost target for that stock.
Around the downside, Ericsson (ST:ERICAs) saw shares dove 15.02% following the telecom company issued an income warning.
Working In London, FTSE 100 tucked .14%, brought by Old Mutual PLC (LON:OML), whose shares plummeted 1.37% following reports the insurer has already established approaches from prospects of Old Mutual Wealth, its United kingdom operation which analysts value at ￡3 billion to ￡4 billion.
Financial stocks were also lower, as Barclays (LON:BARC) edged lower .17% and HSBC Holdings (LON:HSBA) slid .31%, while Lloyds Banking (LON:LLOY) and also the Royal Bank of Scotland (LON:RBS) dropped .48% and .50% correspondingly.
Mining stocks put into losses around the commodity-heavy index. Shares in Glencore (LON:GLEN) declined .54% and Anglo American (LON:AAL) retreated .78%, while rival BHP Billiton (LON:BLT) lost .89%.
Around the upside, shares in easyJet (LON:EZJ) surged 2.33% following the low-cost air travel stated it intends to strengthen its existing bases in Germany before thinking about expansion at other airports for example Frankfurt.
To be the greatest air travel at Berlin’s Schoenefeld airport terminal and also the third greatest at Hamburg, easyJet presently includes a share of the market close to 3% of air traffic in Germany.
Within the U.S., equity markets pointed to some lower open. The Dow jones Johnson Industrial Average futures pointed to some .20% fall, S&P 500 futures demonstrated b .18% slip, as the Nasdaq 100 futures indicated b .24% loss.9