European equities start week slightly higher

Monday, 15. April 2019 09:19

Major European markets started the week's first trading session slightly higher with earnings in focus. The Goldman Sachs Group Inc. and Citigroup were set to release their revenue reports later during the day. The United Kingdom government was commended for managing to avoid a no-deal Brexit so far by Japanese Prime Minister Shinzo Abe, who expressed hope negative effects of the withdrawal would be minimal. Meanwhile, Deutsche Bank was urged by regulators to reduce the size of its investment unit in the United States.

The FTSE 100 was flat as the electricity and gas utility National Grid increased 1.25%. In Frankfurt, the DAX grew 0.07%, aided by Deutsche Bank's 1.58% rise at 9:15 am CET. The French CAC 40 jumped 0.05% with advertising company Publicis Groupe advancing 1.95%.

The euro was 0.15% higher against the dollar, to exchange hands for $1.13162 at 9:14 am CET. At the same time, the British pound gained 0.13% to $1.30883.

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Author:
Breaking the News / MD