Europe opens higher despite N. Korea tensions

Wednesday, 30. August 2017 09:08

European stock markets opened the trading session on Wednesday higher despite renewed tensions surrounding North Korea, after Pyongyang launched a series of missiles that flew over Japan on Tuesday. President of the United States Donald Trump reacted by saying that "all options are on the table" while leaders of China and Russia urged for a peaceful solution to the crisis. Meanwhile, the third round of Brexit talks is underway in Brussels between the United Kingdom and the European Union.

The FTSE 100 gained 0.50% at the start, ITV rising over 2%. In Germany, the DAX was 0.68% up to open in the green, HeidelbergCement and Commerzbank contributing the most. Meanwhile, the French CAC 40 rose 0.60%, pushed up by Vivendi.

The euro fell 0.07% against the dollar, selling for $1.1964 at 9:06 am CET. Meanwhile, the pound shed 0.09% versus the greenback, changing hands for $1.2910 at 9:07 am CET.

 

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Breaking the News / FH