European shares retreats off highest in 5-month, ahead Mario Draghi's statements

European shares fell on Thursday morning to continue losses for the second session in a row, as the correction and profit taking, after recording earlier in the trading yesterday, the highest level in five months, this comes ahead of the results of the ECB meeting and statements by "Mario Draghi" .

Dow Jones Stoxx Europe 600 fell more than 0.3% as of 10:45 GMT, the index ended yesterday's session down by less than 0.1%, the first loss in three sessions, by correction and profit taking, after recording earlier in the trading session Level in five months.

Stoxx Europe Index fell Thursday morning to continue its second session in a row as correction and profit taking activity continued, with most of the major markets and sectors in the red zone.

While, The auto and basic materials sectors are the biggest losers in Europe with a 2% drop, as investors wait for more details on a possible US-China trade agreement.

Investors are closely watching the results of the ECB meeting and Mario Draghi, governor of the bank, at 13:30 GMT, looking for new evidence on the future of European monetary policy, especially in view of the sharp decline in economic indicators in the euro zone in recent times.

S&P 500 futures fell 0.3%, and the index ended yesterday's session down 0.65%, the third daily loss, respectively.

The Euro Stoxx 50 also fell by 0.4%, as France's CAC 40 index fell 0.5%. while In Germany, the DAX fell 0.6% to top the list of losing markets in Europe, and In London, the FTSE 100 lost 0.5%.