Europe closes lower with Russia-NATO rift, inflation in focus

Friday, 14. January 2022 17:35

Shares on the major stock market benchmarks in Europe traded with losses as the session ended on Friday, with investors monitoring the spat between Russia and NATO, on one hand, and the looming threat of inflation getting too high, on the other.

On the Brexit front, the two sides in the negotiations agreed to intensify the talks the following week.

The DAX plunged 0.93% as the session ended with Delivery Hero tumbling 6.14%. The CAC 40 slid 0.81% at the close as Worldline moved down by 3.73%. At the same time, the FTSE 100 declined by 0.28% with Royal Mail diving 5.64%.

The euro and the pound surrendered 0.29% and 0.23% to the dollar at 5:34 pm CET, selling for 1.14192 and 1.36712, respectively.

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Author:
Baha Breaking News (BBN) / BU