Europe opens with losses on Comey memo worries

Wednesday, 17. May 2017 09:04

Markets in Europe opened in the red on Wednesday after reports, citing a memo written by former FBI Director James Comey, emerged that United States President Donald Trump had asked him to stop the investigation on ousted national security adviser Michael Flynn's alleged links to Russia. However, the White House has insisted the president "never asked" the FBI to "end any investigation." Trump fired Comey last week claiming he "was not doing a good job." 

The FTSE 100 declined 0.41% at 9:02 am CET. British Land Company was the worst performer, losing 1.91% at 9:02 a, CET.

The DAX slid 0.72% at 9:03 am CET. Vonovia led the losses as it shed 3.61% at 9:04 am CET.

The CAC 40 fell 0.63% at 9:01 am CET. Michelin dropped 1.67% at 9:01 am CET.

The euro rose 0.24% against the dollar to go for 1.1112 at 9:06 am CET and the pound gained 0.09% compared to the US currency to change hands for 1.2929 at 9:07 am CET. Sterling decreased 0.21% against the euro to sell for 1.1634 at 9:07 am CET.

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Breaking the News / NP