12/15/2020, 9:01 AM (Source: TeleTrader)
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Europe opens mixed ahead of new lockdowns

Europe opened mostly lower on Tuesday as the continent faces new lockdowns ahead of the holiday season. However, both the DAX and the CAC 40 turned to gains in the first 10 minutes of trading. Before the bell, data showed that unemployment in the United Kingdom grew 4.9% in the quarter to October as the country faces uncertainty over its Brexit deal with the European Union.

Germany's DAX was flat at the start of the day and turned to gains of 0.08% at 9:04 am CET as Volkswagen rose 2.21% at 9:05 am CET. The CAC declined 0.11% in the first minute of trading but was 0.17% higher at 9:07 am CET. The FTSE 100 lost 0.11% at 9 am CET, with Rolls-Royce falling 2.65% at 9:04 am CET.

The euro was down 0.07% against the dollar to change hands for 1.21395 at 9:06 am CET. Meanwhile, the pound traded flat against the greenback at 9:07 am CET as it went for 1.33278.

Breaking the News / VP