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"Investors are wondering if there will be a reaction from Ukraine and from Europe," Alexandre Baradez, an analyst at IG France, said.

European stock markets have stumbled after recording strong gains a day earlier, with sentiment hit by weak German data and uncertain developments in Ukraine.

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´╗┐European stock markets end weaker

In Frankfurt, shares in Henkel, the maker of Persil detergent, took a bath, losing 5.25 per cent to Nike Lebron Ambassador 3

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In foreign exchange trading, the euro fell to $US1.3358 from $US1.3385 late on Monday in New York.

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Now however, "there will be increased focus on German data following both this (ZEW) report and last month fall on the closely watched IFO survey indicator," ETX Capital Daniel Sugarman said.

On the London Bullion Market, the price of gold grew to $US1,315.75 an ounce from $US1,307.25 on Monday.

London benchmark FTSE 100 index stood at 6,632.42 points at the close on Tuesday, virtually the same level it closed at on Monday.

The Dow Jones Industrial Average dipped 0.19 per cent to 16,538.48 points, the broad based S 500 lost 0.23 per cent to 1,932.42 and the tech rich Nasdaq Composite Index gave up 0.38 per cent to 4,384.42.

the ZEW economic institute fell 18.5 points to 8.6 points in August, its lowest level since December 2012, a ZEW statement said.

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78.16 euros after the group posted disappointing second quarter results.

In midday New York trading, US stocks were also on a downward trend.

The European single currency dropped to 79.48 pence from 79.73 pence on Monday. The pound edged higher against the dollar, to $US1.6805 from $US1.6787.

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EU countries have already slapped sanctions on Russia in response to what they see as Moscow military support for rebels in Ukraine.

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"The disappointing showing in some European indices Nike Metcon Training Shoes

Ukraine national currency, the hryvnia, hit a record low of 13.14 to the dollar as fighting in the east hammers the economy.

today can partially be attributed to some profit taking following the strong start to the week, while the disappointing ZEW figures will also be contributing to the decline," Craig Erlam, market analyst at Alpari traders, said.

In Germany, investment sentiment fell to the lowest level for nearly two years this month owing to concern about economic fallout from the current global crises, a survey found.

Meanwhile, a huge convoy headed towards eastern Ukraine that Russia portrayed as a humanitarian aid Nike Zoom Devosion Black effort raised market tension a notch higher.

British insurer Prudential was one of the strongest risers on the London FTSE 100 index its share price jumping 2.20 per cent to 1,368.5 pence after the company announced bumper half year profits.

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The latest levels took a shine off a Monday market rally, which saw Frankfurt DAX index leap almost 2.0 per cent as investors breathed a little easier with respect to events in Gaza, Iraq and Ukraine.

The widely watched investor confidence index calculated by Nike Lebron 8 Shoes Sale

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