Europe trades with losses as G20 starts

Friday, 07. July 2017 09:02

European equities opened flat on Friday as the G20 meeting started in Hamburg amid clashes between the police and thousands of protesters, which are still on the streets. The summit starts with a 9 am CET meeting of BRICS leaders. Later in the day, more multilateral and bilateral meetings are set to take place, however, all eyes are on the meeting of United States President Donald Trump and Russia’s President Vladimir Putin which is set to take place at around 3:45 pm CET. Investors, which are trading cautiously as the G20 begins, will also be looking towards US nonfarm payrolls data.

Germany’s DAX was down 0.02% at 9:04 am CET. ProSiebenSat.1 Media fell 3.30% at 9:07 am CET.

The CAC 40 lost 0.08% at 9:05 am CET. Carrefour fell 2.64% at 9:05 am CET.

The EuroStoxx 50 was flat, 0.02% in the red at 9:05 am CET. Total lost 0.71% at 9.01 am CET, just days after its new Iran investment was announced.

The FTSE 100 declined 0.19% at 9:09 am CET. Advertising and PR company WPP was down 1.80% following a cyber attack.

The euro was 0.03% lower against the dollar, changing hands at 1.14199 at 9:21 am CET.

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Breaking the News / VP