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Tuesday 06th of July 2010

News Tag: US consumer confidence

June 29, 2010

European shares down on banking concerns

by Kay Murchie
European shares down on banking concerns
There are fresh concerns over the European banking sector after banks are scheduled to repay €442 billion (£362 billion) worth of loans to the European Central Bank (ECB) later this week. Shares in Europe hit a three-week closing low today as a result. Furthermore, shares were hit by a sharp fall in US consumer confidence and a fall in Japanese industrial ...