Europe opens mostly in red amid coronavirus worries

Friday, 18. September 2020 09:03

Major stock markets in Europe opened mostly in red on Friday as investors are watching the spike in the number of the coronavirus cases which climbed above 30 million as the death toll topped 940,000. On the data front, German August producer prices went down by 1.2% on the yearly level while UK retail sales slightly rose by 0.8% in August.

The FTSE 100 fell by 0.21% at the open as Polymetal International Plc plunged 4.36%. The CAC 40 was down by 0.15%. Unibail-Rodamco-WE was the worst performer slipping 3.86%. The DAX traded flat with MTU Aero Engines NA falling 1.32% at 9:07 am ET.

The euro gained 0.15% versus the dollar to go for $1.18655 at 9:01 am CET, while the pound was concurrently flat to sell for $1.29175.

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Breaking the News / TF