European shares slip in morning trading and shares of Deutsche Bank falling apart

European stocks fell on Friday morning dealings on its way to incur the second weekly loss in a row, and the banking sector led the declines with Deutsche Bank shares tumbled after Deutsche Bank said that the US government asking to pay a huge sum to settle a case.

The Dow Jones Stoxx Europe 600 index rose 0.4 percent by 09:31 GMT, yesterday's session index closed higher by 0.6 percent in the first gain in six sessions, due to receding expectations of raising US interest rates in September this month.

Deutsche Bank tumbled by 7.2 percent to be the biggest loser on the Dow Jones Stoxx Europe index, on its way to incur the largest daily loss since the historic referendum in Britain June 24, after the German bank said that "the US Justice Department" asking to repay $ 14 billion to settle a case regarding the sale of mortgage-backed securities.

And the Dow Jones Stoxx Europe Index dropped 2 percent over the current trading week, on its way to incur the second weekly loss in a row, and the biggest weekly loss since mid-August last.

Futures for the S & P 500 fell 0.2 percent, and the index closed yesterday's session on Wall Street, up by one percent after weak data reduced speculation to raise US interest rates this month.

As for the most important European markets indicators euros Stoke 50 index fell 0.5 percent, and France's CAC 40 lost 0.5 percent, and Germany's DAX was down 0.4 percent, and in London Financial Times 100 index rose 0.1 percent.