French shares lead the drop at the open in Europe today

Forex Short News
  • Eurostoxx -1.1%
  • Germany DAX -0.7%
  • France CAC 40 -1.7%
  • UK FTSE -0.7%
  • Spain IBEX -0.7%
  • Italy FTSE MIB -1.1%

The risk mood remains on the defensive with US futures also slipping as we get things underway in European trading. S&P 500 futures are down 0.2% after yesterday’s fall, as the pressure begins to build going into month-end. For the CAC 40, the drop today more than erases the monthly gain before this week as the index is now down 1% in August overall. From earlier: French stocks set for another steep drop at the open as political crisis weighs

This article was written by Justin Low at investinglive.com.