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STOXX: calm returns after French selloff



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STOXX 600 down 0.1%

Eyes on Fed this week

Miners top fallers

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STOXX: CALM RETURNS AFTER FRENCH SELLOFF

European equities got off to a steady start on Tuesday, as calm returned to markets following Monday's risk-off moves on the back of French political tremors. Traders however were bracing for more action ahead of the Federal Reserve's policy meeting this week.

The region-wide STOXX 600 .STOXX hovered around parity and was last down 0.1%, while in Paris, the CAC 40 .FCHI bounced off over three-month lows, adding 0.2%.

Madrid's IBEX .IBEX, down 0.6%, was penalised by a 12% drop in Naturgy NTGY.MC after holding firm Criteria dropped plans to launch a joint takeover bid with Abu Dhabi's TAQA TAQA.AD for the Spanish energy firm.

Miners .SXPP led sectoral fallers.

(Danilo Masoni)

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FOR TUESDAY'S OTHER LIVE MARKET POSTS:

EUROPEAN FUTURES STEADY AS CENTRAL BANKS BACK IN FOCUS CLICK HERE

MARKETS LOOK TO STEADY FROM POLITICAL TREMORS CLICK HERE


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