The stability of European stocks in early trading guessing for Federal Reserve president's speech

European stocks stabilized during morning trading on Friday, within a limited range of trading as investors awaited a speech by Janet Yellen president of the US, "the Central Council of the Federal Reserve" in search of new signs concerning the future of raising US interest rates.

The Dow Jones Stoxx Europe 600 index fell 0.1 percent by 09:15 GMT, yesterday's session index closed down 0.8 percent, affected by the loss of the mining sector and commodities companies.

John Dow Stoxx Europe Index lost 7 percent over the trading of this year, under pressure from the banking and financial sector losses with mounting concerns about profitability after deepen the use of negative interest rates, which increased the probability of debt defaults.

Futures the S & P 500 fell 0.1 percent, and the index closed yesterday's session on Wall Street, down by 0.1 percent in the second daily loss in a row.

It is scheduled that Yellen starts her speech, by 14:00 GMT at a meeting of governors of central banks in Jackson Hole conference, in Wyoming America, and the speech is expected to contain references concerning the future of the tightening of US monetary policy and higher interest rates.

As for the most important European market indices, euro Stoke 50 index fell 0.2 percent, and France's CAC 40 index down 0.1 percent, and Germany's DAX index fell 0.2 percent, and in London Financial Times 100 index fell 0.1 percent.