• SENSEX
    NIFTY 50
Economy

Europe's stocks wilt; US sanctions slam Russia's rouble

Updated : August 09, 2018 02:56 PM IST

A rally in Chinese stocks had helped offset the latest escalation in the Sino-US trade war in Asia overnight, but too much was going on nearby for Europe to stay upright.
London's FTSE , Frankfurt's DAX and Paris' CAC40 were down 0.6 percent, 0.1 percent and 0.4 percent respectively, while German government bonds rose in broad grab for safety.
The rouble slid to its lowest since late 2016, 66 roubles to the dollar. The Russian currency dropped 1 percent after falling 3 percent overnight.
Europe's stocks wilt; US sanctions slam Russia's rouble
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV