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11/27/2020, 9:01 AM (Source: TeleTrader)
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Europe opens lower as virus, Brexit worries mount

Major European stock market indexes started the trading session lower on Friday, as the investors remained cautious amid the concerns regarding the way in which the COVID-19 pandemic could unfold in the winter months. While the numbers of new COVID infections across the continent decreased after the implementation of containment measures, news of hindrance in AstraZeneca's vaccine trial weighed down on the sentiment.

On the Brexit front, both the United Kingdom and the European Union asserted that the talks are at a challenging point, with some media outlets describing the negotiations as "completely stuck."

The DAX was down 0.08% at 9:00 am CET, with Volkswagen AG dropping 1.88% at 9:02 am CET. The CAC 40 lost 0.07% at the same time, with Unibail-Rodamco-Westfield as the worst performer. The FTSE 100 decreased by 0.19% at the opening bell as Lloyds Banking Group plunged 2.97% at 9:02 am CET. The euro advanced by 0.15% compared to the dollar, selling for 1.19298 at 9:04 am CET, while the pound strengthened 0.09% versus the greenback, going for 1.33693 at the same time.

Breaking the News / BU