European markets open lower ahead of data

Freitag, 13. November 2020 09:03

Major European markets started Friday’s session in the red as investors are waiting for certain data to be released. The euro area is expected to publish preliminary estimates for third-quarter unemployment change figures, as well as the trade balance data and the second estimate of third-quarter GDP growth for the eurozone.

The DAX was down 0.16% at 9:03 am CET as Basf SE dipped by 1.11%. The CAC 40 opened 0.30% lower with Safran going down by 1.93% at 9:07 am CET. The FTSE 100 started 0.75% in the red with Rolls-Royce Holdings being the worst performer falling by 3.90% at 9:06 am CET.

The euro grew 0.07% against the dollar at 9:02 am CET, buying 1.18155. The pound increased 0.34% against the greenback, to go for 1.31638.

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