European equities mixed as Brexit decision looms

Thursday, 21. March 2019 08:55

Stock indexes were looking for direction on Thursday in the runup to the opening bell on main exchanges in Europe. The European Council scheduled a meeting about the United Kingdom's request to extend the March 29 deadline for the departure from the European Union. Reports indicated the 27 member states wouldn't agree to move the date to June 30 and that they would insist on May 22 instead, due to the risk for the validity of the European election.

Investors' focus was also on the upcoming monetary policy updates from the Bank of England and the Swiss National Bank as well as British retail sales and budget deficit figures for last month. In other news, China said it would send its Vice Premier Liu He next month to the United States for bilateral talks on trade and the protection of intellectual property.

The FTSE 100 was 0.19% in the green. The German DAX retreated 0.26% in premarket trade, compared to a marginal move higher by the CAC 40 in Paris. The euro was flat at $1.14155 and 0.11% up to sell for £0.86564 at 8:53 am CET. The pound slipped just 0.07% to $1.3188.

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