Europe opens mostly lower amid post-Brexit deal talks

Monday, 07. December 2020 09:02

Major stock markets in Europe traded mostly lower at the opening bell on Monday with investors monitoring post-Brexit trade talks. The United Kingdom will continue trade negotiations with the European Union either until there is no point or a deal is reached, British junior Minister James Cleverly stated.

The DAX traded 0.23% lower at the open with Muench Ruekvers falling by 1.41%. The FTSE 100 rose by 0.32% with BP Plc growing by 0.11%. The CAC 40 declined by 0.24% as Credit Agricole fell by 1.00%.

The euro stood flat against the dollar to sell for $1.21205 at 9:00 am CET. At the same moment, the pound sterling lost 0.50% to the United States' currency to change hands for $1.33694.

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Breaking the News / TF