Muted start for Europe bourses
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European equity markets made a muted start to trading on Tuesday, struggling for direction after a flat finish overnight on Wall Street and a mixed performance in Asia.
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European equity markets struggled to make gains on Tuesday as sentiment remained fragile ahead of the meeting of the US Federal Reserve which was widely expected to produce a cut in US interest rates in response to ongoing turmoil in money markets.
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The euro drifted lower against the dollar as the foreign exchange market awaited interest rate calls from both the European Central Bank and the Bank of England.
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European stock markets have generally paused for breath in early trading after striking multi-year high points last week.
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Europe&#39;s main stock markets mostly took a step back on Tuesday after a weak performance by Wall Street overnight.
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European equities made a modest start on Wednesday thanks to a number of impressive results, but gains were capped by losses in the heavily weighted pharmaceuticals sector.
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Europe's bourses are seen slipping slightly at the start of trade on Thursday after Wall Street trimmed its gains late on overnight and the dollar further weakened against the euro and the yen.
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European stock markets faded on Thursday  after an initial Wall Street-inspired jump to five-month highs,  as crude oil prices chalked up yet another record high and  investors prepared for a raft of key economic news.
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European stock markets eased back in early trading, despite a recent flurry of takeover news which analysts said highlighted rising confidence among cash-rich companies.
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Financial stocks led the slide in European markets on Thursday as investors shrugged off the action by global central banks as insufficient to stave off threats to growth.
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European shares edged lower on Friday surrendering early gains after taking a battering in the previous session, with the market treading water ahead of key inflation data from the US.
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European equity markets were lower on Monday after an initial defensive-led rally petered out and further losses for technology stocks weighed on sentiment.
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European shares turned negative and government bonds were struggling for direction on Thursday after US data showed subdued inflation numbers, flat spending and a rise in unemployment.
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The euro weakened half a percent  while the Japanese yen held its ground against the dollar as  trading in 2005 got off to a quiet start in Asia on Monday.
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European stock markets eked out modest gains in early trading as dealers shrugged off a weak performance on Wall Street overnight.
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European equities fell on Wednesday as falling energy, mining and financial stocks overshadowed a number of positive earnings reports.
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European stock markets were seen opening lower on Thursday following overnight losses on Wall Street as US investors continued to fret about the prospects of higher interest rates.