Europe extends losses amid fresh lockdown fears

Friday, 15. January 2021 15:27

Stocks on the major European benchmarks sank deeper in negative territory on Friday as the investors remained worried over the possible impact of stricter COVID containment measures announced in Germany and France.

On the data front, the Eurozone international trade of goods surplus came in at €25.8 in November, missing the analysts' estimates.

The DAX dropped 1.13% or 158 points at 3:25 pm CET, while the FTSE 100 plunged 0.88% at the same time. Meanwhile, in Paris, the CAC 40 dived 1.11%. The euro lost 0.40% versus the dollar, selling for 1.21152 at 3:34 pm CET, while the pound sterling slid 0.59% against the greenback, to go for 1.36126 at the same time.

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Breaking the News / BU