Europe opens mixed as Brexit fallout continues

Friday, 06. September 2019 09:04

European stocks started on a mixed note on the last day of the week as the Brexit saga continued to take its toll on the markets. United Kingdom Prime Minister Boris Johnson said on Thursday that he will do everything he can to ensure that Britain leaves the European Union on October 31, adding that he would rather be "dead in a ditch" than ask the bloc for another "totally pointless" Brexit delay. However, subsequent reports indicated that the Labour Party would attempt to delay the UK's general election until November over worries that its leader Jeremy Corbyn would lose if it took place any sooner.

In other news, investors awaited economic data for the UK and EU due for release later in the day.

The CAC 40 was flat, the DAX rose 0.17% as ThyssenKrupp AG advanced 1.28% while the FTSE 100 fell 0.27% on the back of Diageo Plc's losses of 1.61% at the opening bell.

The euro was up 0.08% against the dollar to go for 1.1043 at 9:01 am CET while the British pound was flat versus the greenback to go for 1.2326 at the same time.

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Breaking the News / DZ