Europe opens in green as pandemic diminishes

European stock markets opened higher on Monday as the coronavirus pandemic continued fading across the continent, with France and Spain reporting the lowest number of virus-related deaths since March. However, the United Kingdom will mostly stay shut until June.

Meanwhile, the ECB bond purchases discussions resumed as European Commission President Ursula von der Leyen claimed the EU is considering to start legal action against Germany over the ruling of its Constitutional Court.

The DAX gained 0.38% at the open, pushed by Wirecard’s 8.93% growth. The FTSE 100 kicked off 0.77% higher as Carnival Corp. rose 3.80%. The CAC 40 advanced 0.20% to start the week, with Renault climbing 1.65%.

Both the euro and the pound traded flat against the dollar at 9:08 am CET to sell for $1.08387 and $1.24083, respectively.



Breaking the News / ND



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