Peel News
European shares retreat ahead of EU policymakers' meet * FTSEurofirst down 1.6 percent
* Index corrects after "oversold" bounce
* Banks, miner top fallers
* Troubled EZ govt bond yields rise
By David Brett
LONDON, May 23 (Reuters) - Banks and basic resource stocks
led European shares sharply lower around midday on Wednesday,
correcting a two-session rally in volatile trade, as investors
turned cautious ahead of a meeting of European Union policy
makers.
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