Europe opens in the green as N.Korea tensions ease

Monday, 14. August 2017 09:06

Markets in Europe opened in the green on Monday as investors became less worried amid diminishing geopolitical concerns caused by the North Korean crisis. Meanwhile, South Korea stated earlier today that it wants peace in the region. North Korea and the United States must act "reasonably and peacefully" to resolve the crisis centered on the communist country's nuclear and missile programs, South Korea's President Moon Jae-in said on Monday. In the meantime, Washington also claimed it will continue to seek diplomatic solutions to the problem, 

In London, the FTSE 100 edged up 0.11% at the beginning of the trading session.

Germany's DAX gained 0.92% at the start. Utility company RWE AG jumped 2.89% at the open after reporting better-than-expected earnings for the second half of the year, stating its profits rose 35%. 

French CAC 40 opened 0.69% higher. In Paris, Danone was the main advancer, gaining 2.33% in the first few minutes of trading. 

The euro rose slightly, increasing 0.04% against the US dollar to sell for 1.1824 at 9:14 am CET. 

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Breaking the News / VK