Concerns on the fall in the Turkish lira are hurting regional bank stocks
The Eurozone banks stocks index is down 1.6% to its lowest since end-June currently. BNP shares are down by more than 1% and BBVA shares are down 3% and we're also seeing UniCredit shares take a hit on worries surrounding the lira.
As for the DAX, losses are led by Bayer (down 10%) after its targeted acquisition Monsanto lost a $289 million verdict in the first trial of the Roundup cancer trial.
