Europe closes mixed after ECB meeting accounts

Friday, 22. May 2020 17:36

European markets ended mixed on Friday after the release of the European Central Bank's meeting minutes, that stated market liquidity was "progressively improving" and noted positive effects of the Pandemic Emergency Purchase Programme. Meanwhile, in the United Kingdom, FTSE went lower as Prime Minister Boris Johnson announced the government's "Plan Defend", which aims to stop dependency on foreign imports.

The DAX increased by 0.07%, with Muench Rueckvers jumped 1.45%. The FTSE fell 0.37%, with Prudential PLC decreasing 9.29%. The CAC 40 stood flat.

The euro went lower compared to the dollar, with the exchange rate of 1.08951 at 5:34 pm CET.

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Breaking the News / JR