European stock markets fell on the 15th lowest point in 2003, or 2.1 percent. Britain's FTSE 100 index fell 2.4 percent to 5171.9 points. France's CAC-40 index fell 1.5 percent to 4080.8 points. Germany's DAX index fell 1.9 percent to 6081.7 points.
Analysts here said that although the U.S. government strongly save the premises of the United States and Fannie two giant mortgage loans, but investors in the global mortgage market and financial institutions, mortgage financing remains a pessimistic attitude. Moreover, Fed Chairman Ben Bernanke's speech on that day is this pessimism has deepened.
Netherlands - Belgian financial services group Fortis joint venture sharp fall 12.8 percent to 8.3 euros, the group that is currently before the Dutch financial markets regulator's investigation.
Dutch financial markets regulator AFM Dutch confirmed that the Fortis Group size is under investigation for 8.3 billion euros in payment plans. Fortis Group shares accumulated over the past year dropped by 55.4 percent.
Bank shares and mining stocks fell on the 15th which hit the London stock market, Britain's FTSE 100 index fell 2.4 percent to 5171.9 points.
Britain's National Bureau of Statistics announced on the 15th, the British CPI in June rose to a record high of 3.8 percent. This figure far exceeds the Bank of England's 2 percent target level, to that end, the Bank of England rate cut further the possibility of almost zero, but the rate hikes are likely.
Bank shares fell. Royal Bank of Scotland fell 7.06 percent. Halifax Bank fell 4.41 percent, other banks such as Barclays Bank, Lloyds Trust Savings Bank, HSBC and Standard Chartered Bank, the decline in more than 3%.
Energy stocks fell, Shell and BP were down 2.8 percent and 2.74 percent, the British company Cairn Energy, British Gas and British oil companies also Talao each fell more than 3%.
Telecom stocks fell, British Telecom fell 4.8 percent.