Europe trades in red premarket

Friday, 20. September 2019 07:41

Premarket trading in Europe on Friday morning was marked by losses, as investors awaited PPI data from Germany due for release before the bell. Yesterday, the Bank of England announced it is not changing interest rates for now, but warned of the downward effect of Brexit uncertainty. European Commission President Jean-Claude Juncker stated yesterday that a Brexit deal is still possible, describing his meeting with British Prime Minister Boris Johnson as "positive."

The DAX declined 0.18% at 7:38 am CET, as London's FTSE 100 sank 0.45%. The pound added 0.28% compared to the dollar at 7:40 am CET to go for €1.25579, highest in a month. The euro climbed 0.14% against the greenback at the same time, buying $1.10562.

The CAC 40 lost 0.25% at 7:34 am CET.

Related Links: 
Author:
Breaking the News / NI