Tourists holidaying across Europe are this week bracing themselves for an unforgiving heatwave that is set to blanket parts of Italy with sweltering temperatures as high as 48 degrees Celsius.
The mercury is forecast to rise into the high 40s in Italy, Spain and Greece this week, potentially setting a new record for the highest temperatures ever recorded in Europe
Europe s major marketplaces meet forecasts and all open close to parity, on a day lacking in macro economic data and in the aftermath of Russia s decision to cut oil exports by 500,000 barrels per.
Major European stock markets moved around parity, mid-day Tuesday, as Germany s Destatis reported that the trade surplus narrowed in May, with imports rising and exports falling. Exports fell 0.1.