12/2/2020, 5:32 PM (Source: TeleTrader)
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Europe ends mixed amid stimulus expectations

Equities on major European stock markets were mixed at the closing bell on Wednesday as the EU seeks to pass stimulus without Hungary and Poland. The rest of the member states are reportedly working on creating a framework in which the stimulus could be used until Budapest and Warsaw withdraw their veto on the bloc's 2021–27 budget, which "would replicate the effects of the original package as it is currently designed."

The DAX ended Wednesday's session trading 0.55% lower with Linde Plc falling by 2.47%. The CAC 40 stood flat with STMicroelectronics slipping by 2.54%, and the FTSE 100 went up by 1.18% at the same time. London Stock Exchange Group jumped by 9.54%.

The euro rose by 0.09% to go for $1.20825 at 5:25 am CET, while the pound went down 0.68%, changing hands for $1.33403 concurrently.

Breaking the News / TF