The recovery of the eurozone's major economies of The
Traders were betting the downbeat data would shorten the odds of a move by the
Markets had been expecting the 18-nation bloc to post 0.1 per cent growth but instead it was recorded as 0 per cent, following a 0.2 per cent improvement in the previous period.
The lacklustre performance is a major concern for investors in
The pound reflected these concerns as sterling remained at a four- month low against the US dollar, at 1.67, having fallen yesterday on the back of signals from the Bank that interest rates will remain on hold for the rest of this year. Sterling was also down against the euro, at 1.25.
The update came as
Outside the top flight, shares in
The biggest risers on the
The biggest fallers were Admiral down 41p at 1330p, G4S down 6.9p at 266.6p, Kingfisher down 5.6p at 295.7p and
The recovery of the eurozone's major economies of