10/12/2018, 5:34 PM (Source:
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Europe ends in the red, Brexit in focus

European markets finished a day of trading in the red on Friday despite global stock rebound after a two-day selloff. Earlier today, shares on Wall Street jumped at the opening bell as investors' concerns over expected interest rate hikes eased. Meanwhile, the Brexit deal remained in focus as it was reported that UK's Brexit Secretary Dominic Raab said the House of Commons will vote on the Brexit deal on November 27 while it was also reported that Britain has asked for a longer transition period.

In Germany, the DAX lost 0.13% at the end of the trading session.

French CAC 40 declined 0.14% at the close.

London's FTSE 100 finished 0.16% lower.

The euro lost 0.25% against the US dollar to sell for 1.1564 at 5:39 pm CET while the European currency gained 0.34% against the British pound to sell for 0.8788 at 5:40 pm CET.

Breaking the News / VK