European shares dragged to two-month low by bond rout, euro rise

jueves 7 de mayo de 2015 06:58 GYT

* FTSEurofirst 300 index falls 1.3 percent

* Bond selloff, stronger euro huts market sentiment

* Metro, Morrisons slip; Beiersdorf gains

By Atul Prakash and Francesco Canepa

LONDON, May 7 (Reuters) - European shares fell to their lowest level in more than two months on Thursday, with a stronger euro and a global bond rout denting the appeal of shares.

By 1029 GMT, the pan-European FTSEurofirst 300 index was down 1.3 percent at 1,526.91 points after falling to its lowest since late February.

Britain's FTSE 100 index fell 1.6 percent on the day of an election that could yield a weak government, propel it towards a vote on EU membership and foster Scottish secession.

This week, a combination of disappointing economic data in the United States and receding inflation fears due to a rebound in oil prices have raised the spectre of an early tightening in U.S. monetary policy, triggering sell-offs in bonds and shares.   Continuación...