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European Stocks Seen Lower As Sentiment Remains Fragile

( - European shares look set to open lower on Thursday as risk sentiment continues to deteriorate.

Asian stock markets gave up early gains to turn broadly lower as investors remained unclear how the Korean situation will play out.

On the economic front, Japan's core machinery orders, an indicator of capital spending, unexpectedly fell for a third consecutive month in June, underscoring the fragile nature of the country's export-driven economic recovery.

Closer home, the U.K. house price balance came in with a score of +1 in July, the Royal Institution of Chartered Surveyors said. That was...