12/4, 9:01 AM (Source: TeleTrader)
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Europe opens mixed with trade in investors' focus

European markets traded mixed as unemployment results in the Eurozone were addressed by European Central Bank's Executive Board Member Benoit Coeure. He underscored that unemployment diminished to pre-crisis levels while the wages are growing at the highest pace in the last ten years.

Meanwhile, investors focus on the trade dispute between China and the United States as well. Beijing condemned Washington for interfering in China's internal affairs after the US House of Representatives passed the bill accusing the Chinese government of violating Uyghur Muslims' human rights in Xinjiang.

The DAX traded in the green at the open, adding 0.08% as Infineon Tech rose nearly 1%. The CAC 40 was flat at the same time despite ArcelorMittal gained over 1%. The FTSE 100 slipped 0.15% driven by British American Tobacco's 1% fall.

The euro dropped 0.06%, changing hands for $1.10745 at 8:56 am CET.

Breaking the News / GA