Europe stocks extend losing run in broad retreat

Banking index hits 2 1/2 year low

By Blaise Robinson

PARIS, Nov 25 (Reuters) Canada Goose online European stocks fell early on Friday, losing ground for the ninth time in 10 sessions and set to post their biggest weekly loss in two months, dragged by canada goose outlet store locations deepening worries over the health of the global economy and the euro zone debt crisis.

At 0943 GMT, the FTSEurofirst 300 index of top European Canada Goose Online shares was down 0.4 percent at 896.23 points in relatively thin volumes. The benchmark index has lost about 13 percent since late October.

Cyclical miners were among the biggest losers, with Xstrata down 1.2 percent and Antofagasta down 2.8 percent.

are spooked by the macroeconomic canada goose deals uncertainties. There a lack of buyers which is reflected in the anaemic trading 2018 canada goose outlet volumes, said Fabrice Couste, head of CMC Markets France.

market is very technical, and quite difficult for the fund manager who needs canadian goose jacket to put his money to canada goose replica work. T bills, despite the political deadlock on deficit reduction measures.

Around Europe, UK FTSE 100 cheap Canada Goose index was down 0.6 percent, Germany DAX index down 0.7 percent, and France canada goose store CAC 40 down 0.5 percent.

Investors were rattled buy canada goose jacket cheap by the lack of consensus between European leaders on how to fight the spreading debt crisis.

Germany Chancellor Angela Merkel said on Thursday she would not soften her opposition to issuing joint euro zone bonds buy canada goose https://www.canadagooseonlineshop.co.uk jacket seen by a number of market participants as a solution to the stop the contagion of the debt crisis.

The euro zone blue canada goose outlet toronto factory chip Euro STOXX 50 index was down 0.5 canada goose coats percent, Canada Goose Jackets at 2,079.01 points, losing ground for the eighth straight session.

Euro STOXX 50 is in a downward trend which is 3 of the Elliott wave Canada Goose Parka chart pattern, the most tricky wave to predict. There have been intraday rebounds but they turned out to be Canada Goose Outlet traps said canada goose clearance sale Alexandre Le online website Drogoff, technical analyst at Aurel BGC, in Paris.

multiple false starts should lead to capitulation, and Canada Goose Coats On Sale the year lows will be pierced.

The Elliott wave theory is used to spot repetitive patterns of waves in prices, based on the assumption that the canada goose coats on sale market moves in a direction in a series of five waves and into the opposite direction in a series of three waves.

The banking stock index, which has tumbled 24 percent since late October, hit a 2 1/2 year low on Friday, with Societe Generale down 1.2 percent and Banco Popolare down 1.5 percent.

The sector, which has a huge exposure to euro zone sovereign bonds, has canada goose black friday sale been hammered by fears canada goose over the finances Canada Goose sale of Greece, Italy and Spain and concerns the crisis could spread to France.

The euro currency sank to a seven week low against the dollar on canada goose clearance Friday and was set to weaken further.

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