Shares in Europe followed Asian counterparts lower as investors eyed risks from Turkey to North Korea. Treasuries advanced with the dollar, while oil dropped with most commodities.
U.S. equity-index futures also declined as optimism over U.S.-China trade talks faded together with prospects for President Donald Trump’s historic summit with North Korea’s leader. Concerns over Turkey’s financial-market stability drove the lira to successive record lows and weighed on emerging-market currencies. The yen rose as traders sought a haven, while equity benchmarks from Hong Kong to Sydney declined.
The Stoxx Europe 600 Index declined 0.3 percent at 395.91 as of 8:07 a.m. London time.
Source : Bloomberg