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European equity markets in decline Tuesday

FXstreet.com (Barcelona) - The European stock moved lower Tuesday, with many investors coming back from a long holiday weekend. Earlier today in Germany, the Producer Price Index (YoY) came in at +0.1% in April, missing estimates of +0.2%. In addition, the Producer Price Index (MoM) yielded a decline of -0.2%, which exceeded expectations of a -0.1% decline.

Beginning with the indices and composites, the EURO STOXX 50 fell -0.72% as it settles in region of 2804.04, down -20.26 points in these moments. In addition, the FTSE 100 is trading in negative territory, operating at 6759.41, ascending +3.78 points or +0.06% at the time of writing. Finally, the DAX has weakened recently, trading in the zone of 8417.53 presently -0.45% after a movement of -38.15 points.

Moving to commodities the prices of gold and silver are trading at USD $1380.79 and $22.58 per oz. respectively. In addition, the price of crude is operating at USD $96.31/bbl Tuesday.

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