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Live Markets: Half time in Europe, miners in a hole

LIVE MARKETS-Half time in Europe, miners in a hole

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STOXX 600 down 0.4%, dented by commodity shares

BoE, SNB leave rates unchanged, as expected

Tech leads U.S. futures higher

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

HALF TIME IN EUROPE, MINERS IN A HOLE

We're at the half way point in the day, plus a bit of injury time, and European shares have been grinding lower, with the broad STOXX 600 was last down 0.6%. .STOXX

Miners area leading the decline, down 3% .SXPP as Fed's hawkish moves overnight and the resulting higher dollar weighed on commodity prices, especially precious metals. GOL/

Britain's basic resource-heavy FTSE is also underperforming, down around 1%. .FTSE

It's been a busy morning for central bankers too, though there were few fireworks. The Bank of England, Swiss National Bank and Norges Bank all held rates steady, as markets had expected.

And those holds, in comparison with the hawkish Fed have been weighing on European currencies. Sterling is down 0.6%, while the dollar is up a similar amount on the Swiss franc and Norwegian crown. GBP=, CHF=, NOK=

(Alun John)

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EARLIER ON LIVE MARKETS:

OPPORTUNE VOLATILITY CLICK HERE

CHINA LEADS RECORD CAR LAUNCHES, TESTING GLOBAL AUTOMAKERS CLICK HERE

STOXX 600 DIPS; BROKER ACTION, DEAL TALK DRIVE MOVERS CLICK HERE

BEFORE THE BELL: EUROPE EYES SOFT OPEN AS FED JITTERS OUTWEIGH U.S. FUTURES BOUNCE CLICK HERE

WARSH DEBUT RAISES RATE-HIKE STAKES CLICK HERE


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