This morning, the leading European financial stocks are trading lower on the session. One of the most important European based financial stock that is trading lower is Deutsche Bank AG (NYSE:DB). Today, DB stocks is declining lower by 0.87 cents to $35.86 a share. Short term traders should watch for intra-day support around the $35.00, and $34.50 levels.
Some of the leading European financial equities that are declining lower today include Credit Suisse Group AG (ADR) (NYSE:CS), UBS AG (USA) (NYSE:UBS), and the Ishares MSCI Europe Financials Sector Index Fund (NASDAQ:EUFN). Today, there is a G-20 meeting taking place in Mexico, therefore, traders must be on guard if any new revelations come out of that meeting. The European financial stocks are likely to remain volatile for the near term future.
