European equities open the day on a softer note

Stocks are down to kick start the session
– Eurostoxx -1.4%
– Germany DAX -1.9%
– France CAC 40 -1.5%
– UK FTSE -1.3%
– Spain IBEX -1.6%
As mentioned earlier, the softer tones here largely reflects the lack of urgency by European leaders to firmly get things done while the Gilead drug setback also played a part in tempering with