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European markets are all down

Ben Moshinsky   

European markets are all down

Fall over

REUTERS/Michael Dalder

Ezekiel Kemboi of Kenya falls after winning the men's 3,000 metres steeplechase final during the world athletics championships at the Olympic stadium in Berlin, August 18, 2009.

European markets are giving up a lot of the gains they made on Wednesday.

Stock markets in Asia are also down on inflation figures from Japan that show producer price inflation falling to six-year lows.

The main event in the UK on Thursday is the Monetary Policy Committee decision on interest rates.

Although a rate rise in itself is very unlikely, traders will be watching for how the nine members will vote.

Here's the European share market scoreboard:

UK's FTSE: -1.02%

Germany's DAX: -0.71%

France's CAC40: -0.96%

Spain's IBEX: -1.19%

And this is what's happened to the Euro Stoxx 50, which is an index of Europe's biggest publicly listed companies. It's currently down 1.09%, more or less back to where it started before Wednesday's surge:

EU50 Sept10

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