Europe trading mixed with trade, Brexit in focus

Monday, 13. May 2019 09:15

Major stock markets in Europe were mostly lower shortly after the beginning of the first trading session of the week with trade and Brexit in focus. Stephen Barclay, United Kingdom Brexit secretary, warned the lack of an agreement among the members of the parliament may cause Britain to remain in the European Union. White House economic advisor Larry Kudlow announced United States President Donald Trump and his Chinese counterpart Xi Jinping may meet at the G20 summit in June to discuss trade. In business news, energy company E.ON SE reported a 4.55% increase in revenue for the first quarter of 2019.

In London, the FTSE 100 was up 0.14% at 9:15 am CET as cruise operator Carnival increased 1.01%. Germany's DAX decreased 0.31% with ThyssenKrupp AG sliding 4.38%. Meanwhile, the CAC 40 in Paris fell 0.28% as ArcelorMittal SA lost 2.30%.

The euro and the pound were both flat against the dollar, changing hands for $1.12334 and $1.30050 respectively at 9:12 am CET.

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Breaking the News / MD