Summary Asian markets mostly suffered a sell-off on Tuesday after heavy losses on Wall Street.
LONDON (AFP) - European stock markets fell on Tuesday as traders digested regional economic data awaiting key figures out of the US and after indices slid across Asia and on Wall Street.
Turkey was a focus of attention. The lira sank to a record low of three lira to the euro, as the country remained embroiled in a deep political crisis.
London s FTSE 100 index of top companies fell 0.24 percent to stand at 6,741.04 points amid official data showing Britain s annual inflation rate had fallen to 2.0 percent, reaching the lowest level for more than four years.
In Frankfurt, the DAX 30 lost 0.60 percent to 9,452.83 points and in Paris the CAC 40 shed 0.50 percent to 4,242.15 in midday deals compared with Monday s closing values.
Eurozone industrial output rebounded sharply in November, offering some reassurance that a modest recovery remains on track after heavy falls in October, official data showed on Tuesday.
Spanish banks debt to the European Central Bank plunged further in December, data showed Tuesday, a sign of healthier credit conditions for the bailed-out sector.
Madrid s IBEX 35 stocks index was down 0.41 percent at 10,323 points.
"All major European indices are on the lower side, losing ground on the back of poor performance in the US and Asia," said Varengold Bank analyst Anita Paluch.
In foreign exchange trading, the euro edged up to $1.3671 from $1.3670 late on Monday in New York.
The European single currency fell to 83.33 British pence from 83.41 pence Monday. The British pound rose to 1.6404 from $1.6367.
Gold prices slipped to $1,248.76 an ounce from $1,257 Monday on the London Bullion Market.
Asian markets mostly suffered a sell-off on Tuesday after heavy losses on Wall Street a day earlier fuelled by worse-than-expected US jobs figures.
The US economy added 74,000 jobs in December, well below the consensus estimate of 197,000, official data showed last Friday, fuelling speculation the Federal Reserve would delay a further reduction in its stimulus programme, a negative for the dollar.
"There s plenty for investors to focus on in the lead up to the opening bell on Wall Street, with US retail sales data being released for December, and (banks) JP Morgan and Wells Fargo reporting fourth-quarter earnings," said market analyst Craig Erlam at Alpari traders.
"Both of these will be followed very closely by investors, with the former potential providing clues about the pace of Fed tapering and the latter telling us whether the economy can stand on its own two legs."
