European stock markets suffer as euro soars
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European stock markets plunged in afternoon trading on Tuesday as the single European currency set a new record high against the dollar.
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The euro fell from record highs against the yen and dollar as European leaders expressed concern their currency s strength will stifle economic growth.
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Fears that more losses were lurking on the books of European financials sent the sector shuddering lower on Monday and dragged down the wider market.
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The euro's strong performance in recent weeks is worrying everyone from small-business owners to heads of state.
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European equities extended losses on Tuesday after Wall Street fell heavily at the open following much weaker-than-expected US service sector data.
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European equities fell on Thursday, with banks, utilities and other stocks sensitive to rising interest rates at the forefront of the losses.
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The dollar plunged against major currencies on Friday, pulling the rug from under European stocks as the euro soared and sending investors scuttling into selected safe havens.
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European equities fell sharply on Wednesday, with sentiment dominated by fears that higher borrowing costs could stifle spending hitting property groups, carmakers and retailers.
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European stocks are under pressure on fears that central banks will not follow the US in slashing interest rates.
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European stocks fell sharply on Thursday as volatility returned to global equity markets following a jump in oil prices and concerns over interest rates.
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Europe's main stock markets suffered heavy falls as investors fretted over plummeting share prices in Shanghai, high oil prices and a suicide blast in Afghanistan, dealers said Tuesday.
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There are fears that European stock markets may fall sharply on Monday following Friday's falls in the US.
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European stock markets struggled in early trading as record high oil prices above 53 dollars weighed on sentiment.
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European stock markets suffered sharp losses on Wednesday, tracking a fall on Wall Street after the Federal Reserve rekindled interest rate worries, while a disappointing trading update from British fashion retailer Next slammed retailers.
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European stock markets slumped lower on Monday following losses in Asia, as volatile trading gripped global markets for a second week.
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European equity markets fell on Friday, with banks struggled in the wake of further unsettling writedowns related to the credit squeeze.
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European stock markets suffered sharp  losses on Wednesday, tracking a fall on Wall Street after the  Federal Reserve rekindled interest rate worries, while a  disappointing trading update from British fashion retailer Next  slammed retailers.