9/19/2022, 9:02 AM (Source: TeleTrader)
more TeleTrader news

Europe lower at open, all eyes on central banks

Major stock indexes in Europe opened the Monday session in the red territory, as both the Federal Reserve and the Bank of England are poised to increase key interest rates in order to combat the raging inflation later this week. In other news, the conflict in Eastern Europe continued, as officials shared that Russian forces carried out an attack on another Ukrainian nuclear power plant.

The DAX fell 0.46% at the opening bell, with Daimler Truck down 0.95% at 9:03 am CET. The CAC 40 declined 0.47% at the open, as LVMH slid 1.33% at 9:01 am CET. The FTSE 100 will not be trading today in the wake of the United Kingdom's Queen Elizabeth II’s funeral. The euro traded 0.45% lower against the dollar at 8:59 am CET, selling for 0.99700. The pound was 0.26% down versus the greenback, going for 1.13942 at the same time.

Baha Breaking News (BBN) / AY