Morgans AM: Tuesday, 20 June 2023

European bourses started the week in the red amid caution following the previous weeks big gains and regarding China’s growth prospects. The pan-European Stoxx 600 index (which includes UK equities) fell -1.02% to 462.04 with basic resources leading the losses (-2.2%), while Germany’s DAX fell by 0.96% at 16,201.20. France's CAC meanwhile slipped +1.01%.