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European equity markets pull back Monday

FXstreet.com (Barcelona) - The European stock markets have edged lower Monday, continuing the course of the Asian markets earlier in the day. There has been a general market tranquility with seemingly sideways trading in currency markets, though this has not prevented a rescinding of last weeks gains in terms of equities.

Beginning with the indices and composites, the EURO STOXX 50 contracted -0.59% as it settles in region of 2768.89, down -16.35 points in these moments. In addition, the FTSE 100 is trading in negative territory, operating at 6611.17, descending -13.81 points or -0.21% at the time of writing. Finally, the DAX has climbed higher at the opening, trading in the zone of 8245.21, presently -0.40% after a movement of -33.34 points.

Moving to commodities the prices of gold and silver are trading at USD $1432.35 and $23.64 per oz. respectively. Moreover, the price of crude is operating at USD $95.14/bbl Monday.

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