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European Stocks Are Poised for Biggest Weekly Drop Since August


Friday, 2 February 2018 15:23 WIB

Indeks Stoxx Europe 600Saham Eropa


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European stocks retreat for a fifth day as traders assess earnings reports from heavyweights including Deutsche Bank AG and mull the strength of this year’s rally in global equities.

The Stoxx Europe 600 Index drops 0.5%, heading for a weekly drop of 2.2%, the steepest since August. The gauge has trimmed its 2018 advance to 0.8%. Deutsche Bank falls 6% after revenue at the lender declined to the lowest in seven years in the fourth quarter.

Source: Bloomberg


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