Europe down premarket amid earnings

Wednesday, 28. October 2020 07:39

Major stock indexes in Europe traded lower on Wednesday as investors focused on today's batch of corporate earnings, as well as the surging coronavirus numbers. Meanwhile, in politics, the European Commission said that Brussels and London are "intensively" working on a trade deal.

The FTSE 100 dropped 0.42% at 7:38 am CET, while the DAX tumbled 1.03%. The CAC 40 lost 1.21%.

The euro fell 0.12% against the dollar to sell for $1.17815 at 7:36 am CET. The pound was up 0.10% a minute later, changing hands for $1.30562.

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Breaking the News / MD