PRESS ROOM
Rising geopolitical risk sparks drop in major Europe indices
Monday 03rd June '19
Risk aversion spread across European equity markets owing to rising geopolitical risks contributed to the STOXX Europe 600 falling about 2%. The export-heavy DAX index in Germany posted deeper losses of 2.4%. While rising political tensions between Italy and the EU around budget negotiations led the FTSE MIB in Italy to shed almost 3%.