Europe opens slightly lower after data from UK, Germany

Friday, 18. June 2021 09:03

Shares on the major stock market indexes in Europe traded slightly lower at the open on Friday, as the investors digested data from the United Kingdom and Germany.

The retail sales in the UK missed the analysts' expectations, sliding 1.4% in May compared to the month before. Meanwhile, the report on the producer prices in Germany surpassed the estimates, as the index annually grew by better-than-expected 7.2%.

The DAX lost 0.07% at 9:02 am CET with Henkel down by 0.65% a minute later. The FTSE 100 went down by 0.17% as the session started. The benchmark's worst performer was Barclays which dipped 1.02% at 9:01 am CET. The CAC 40 declined 0.14% at the open with BNP Paribas decreasing 1.15%. The euro slid 0.07% versus the dollar, selling for 1.18995 at 9:06 am CET, while the pound dropped 0.38% compared to the greenback, to change hands at 1.38734 a minute later.

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Breaking the News / BU