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European equities plummet Thursday

FXstreet.com (Barcelona) - The European stock market followed the Asian markets downhill, leading to a huge pullback that has now completed a global trifecta – yesterday US markets turned sour during the latter stages of trading.

Beginning with the indices and composites, the EURO STOXX 50 tumbled -2.29% as it settles in region of 2770.07, down -64.94 points in these moments. In addition, the FTSE 100 collapsed into negative territory, operating at 6710.64, descending -129.63 points or -1.90% at the time of writing. Finally, the DAX has weakened recently, as well trading in the zone of 8305.52 presently -2.64% after a movement of -225.37 points.

Moving to commodities the prices of gold and silver are trading near session highs, and more specifically at USD $1392.33 and $22.56 per oz. respectively. In addition, the price of crude is operating at USD $93.06/bbl Thursday.

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