European markets open in red on mixed data
Major European markets started Thursday’s session in the red as investors are digesting mixed data coming from the United Kingdom and Germany. Consumer prices in Germany in October went down by 0.2% in comparison to the same period last year. The trade surplus of the United Kingdom in the three months to September fell £3.4 billion to stand at £4.2 billion while the country’s GDP increased by 1.1% in the same month.
The DAX was down 1.08% at 9:02 am CET as Linde Plc dipped by 1.67%. The CAC 40 opened 0.81% lower with BNP Paribas falling by 2.58%. The FTSE 100 started 1.01% in the red. Sainsbury Plc was the worst performer plunging by 5.11%.
The euro fell by 0.09% against the dollar at 8:57 am CET, buying 1.17674. The pound declined 0.33% against the greenback, to go for 1.31710.
Get involved!
Comments