European markets tick lower; oil stocks sink as Saudi cuts crude prices

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European markets tick lower; oil stocks sink as Saudi cuts crude prices


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London (UKX) -0.22%

Germany (DAX:IND) +0.14% Germany November trade balance €20.4 billion vs €17.9 billion expected. Germany November industrial orders +0.3% vs +1.0% m/m expected.

France (CAC:IND) -0.16%

Switzerland December CPI +1.7% vs +1.5% y/y expected

The pan-European Stoxx 600 (STOXX) ticked -0.22% lowerOil and gas stocks

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