European shares edged marginally lower on Thursday in quiet trade as the recent rally lost steam waiting for central banks to act to boost growth and with China warning overnight its trade outlook for 2012 was worsening.
By 0758 GMT, the FTSEurofirst 300 was down 2.24 points, or 0.2 percent, at 1,098.50, pausing after recent gains which has taken the index close to 2012 highs.
Equity indexes have rallied strongly since late July, on expectations of further monetary stimulus from central banks after European Central Bank chief Mario Draghi pledged to do "whatever it takes" to protect the euro from Europe's sovereign debt crisis.
China may face “large scale” inflows of speculative funds in the next few year
Asian Stocks Extend Advance as Yen Strengthens, Silver Tumbles
Asian stocks climbed, extending a two-week rally after stronger-than-expected U.S. data. The yen rebounded from the lowest since October 2008 as silver slumped to the cheapest in more than two years,
Bond market gets excited as inflation cools off further
While the equity market has seen some renewed excitement in the past couple of weeks, with the Sensex and the Nifty getting closer to all-time highs again, the bond market too has had its fair share
Markets on information-overload high
An unusually volatile week ended on a happy note. On Monday, May 13, the Nifty crashed two per cent. Every technical analyst, including yours truly, assumed a new intermediate downtrend had begun. On