Another red day for stocks this week

The main European stock indices fell on Thursday for the third day in a row, especially after the German inflation data released yesterday and we are waiting for more reports on consumer prices from other economies.

The Eurostoxx index fell by more than 0.4% in early European trading, while the British FTSE, the German DAX and the French CAC also fell by about the same proportions.

This follows the more hawkish mood on Wall Street yesterday, as US futures also fell today, and the SP500 index is down by 0.6% currently, and this is what keeps the US dollar supported so far.