Europe opens in red ahead of data

Tuesday, 29. September 2020 09:01

Major stock markets in Europe started trading lower on Tuesday with the investors' focus on the upcoming batch of important economic data. Meanwhile, the United Kingdom may introduce new measures aimed at bolstering employment in the country. European Commission Vice President Maros Sefcovic said that Brussels will continue negotiations with London despite the Internal Market Bill.

The FTSE 100 opened slightly below the flatline as Next plc dropped 2.64%. The DAX fell 0.44%. Deutsche Bank AG lost 1.09%. The CAC 40 decreased 0.21% with BNP Paribas S.A. surrendered 1.56.

The euro grew 0.10% against the dollar to sell for $1.16783 at 8:59 am CET. The pound was up 0.19% to change hands for $1.16783 at the same time.

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Breaking the News / MD