European shares weaken
(01-16 19:51)
Europe's main stock markets slid on Wednesday as investor sentiment was hit by more gloomy economic news ahead of key US banking results from Goldman Sachs and JPMorgan, dealers said.
London's FTSE 100 index of top companies fell 0.53 percent to 6,084.89 points in late morning deals, Frankfurt's DAX 30 index lost 0.35 percent to 7,649.01 points and in Paris the CAC 40 shed 0.37 percent to 3,683.50, AFP reports.
Weighing on the euro was a report quoting Jean-Claude Juncker, head of the eurozone finance ministers' group and Luxembourg's prime minister, as saying that the euro's value was "dangerously high.''
The European single currency slipped to US$1.3271 from US$1.3304 late in New York on Wednesday.
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