European shares open lower, FTSE leads losses

Credit: REUTERS/STAFF

European shares opened lower on Tuesday as investors stayed on the sidelines ahead of the European Central Bank's monetary policy meeting later this week.

For a live blog on European stocks, type LIVE/ in an Eikon news window

Sept 10 (Reuters) - European shares opened lower on Tuesday as investors stayed on the sidelines ahead of the European Central Bank's monetary policy meeting later this week.

Weak factory data from China that showed prices shrunk in August at their fastest pace in three years dented investor sentiment already dulled by a weak handover from Wall Street overnight. MKTS/GLOB

The pan-European stocks benchmark index STOXX 600 .STOXX was down 0.2% by 0706 GMT and looked to extend losses to a second day.

China-sensitive German stocks .GDAXI fell 0.1%, while London stocks .FTSE slipped 0.4% ahead of July unemployment report due later in the session.

(Reporting by Susan Mathew in Bengaluru; editing by Arun Koyyur)

((susan.mathew@thomsonreuters.com; +91-80-6749-1130;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More