European shares lower with trade, Brexit in focus

Wednesday, 26. June 2019 09:15

Equities on major stock markets in Europe traded lower shortly after the opening bell on Wednesday with trade and Brexit in focus. Downing Street announced a new British prime minister will take over on July 24 as Tory leadership candidates Boris Johnson and Jeremy Hunt debated over who would be better suited to take the United Kingdom out of the European Union. On data, market research institute GfK reported consumer confidence in Germany declined in July.

In London, the FTSE 100 was down 0.07% at 9:15 am CET as Fresnillo plc slid 1.37%. Germany's DAX dropped 0.22%, with Wirecard AG losing 1.85%. The CAC 40 in France fell 0.15% as Renault traded 1.42% in the red.

The euro was flat against the dollar to change hands for $1.13632 at 9:14 am CET, while the pound decreased 0.14% to $1.26702 at the same time.

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