Holly Ellyatt writes for CNBC.com focusing on European macro-economics and politics. She has led digital coverage of the Greek and Russian financial crises and broader euro zone news as well as covering the U.K. economy, the 2015 election and Brexit vote. Holly joined CNBC in 2012, having worked previously in digital, radio and film production. She studied European Social and Political Studies at University College London (UCL) and Broadcast Journalism at City University.
German investor morale fell in July to the lowest level since November 2012 and much more than expected, a survey by German think tank ZEW showed.
Experts are warning that the thousands of arrests of alleged government opponents could herald a more "radical and authoritarian" regime.
Europe finished mixed on Monday, as investors cheered on the rally in ARM shares, but remained concerned over global geopolitical events.
European stocks pared some losses to close higher on Thursday, after falling when the Bank of England surprised markets by holding rather than cutting interest rates.
George Osborne, the U.K.'s austerity chancellor, was replaced in new Prime Minister Theresa May's cabinet reshuffle.
European stocks closed mostly lower on Wednesday as equity markets struggled to hold gains, despite hopes of further monetary easing around the world.
There are warning signs that global oil demand is ebbing while oil stocks remain at "elevated levels," the IEA said.
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