Europe trades lower with Brexit in focus

Thursday, 13. June 2019 09:17

Major stock markets in Europe traded lower on Thursday as investors remained focused on the Brexit process, Italian budget and today's economic data releases. Labour's Keir Starmer said his party will not put an end to attempts to stop the United Kingdom leaving the European Union without an agreement. Italian Deputy Prime Minister Luigi Di Maio discussed the country's budget in an interview, dismissing concerns over the possible deficit.

The FTSE fell 0.08% minutes after the beginning of the session, as WPP plc sunk 3.64%. The DAX decreased 0.19%, with ThyssenKrupp AG sliding 1.53%. The CAC 40 dropped 0.39% as ArcelorMittal SA shrunk 1.86%.

The euro was up just 0.08%, changing hands for $1.26684 at 9:16 am ET, while the pound was 0.16% lower at $1.26684 concurrently.

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Breaking the News / MD