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9/23, 7:34 AM (Source: TeleTrader)
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Europe trades mixed in premarket amid trade worries

European stocks traded mostly lower in premarket transactions on Monday after it was revealed late last week that Chinese trade officials decided to cut their trip to the United States short and not visit US farmers. Meanwhile, United Kingdom Prime Minister Boris Johnson expressed hope that the US and UK would sign a trade deal by next July. A fresh batch of European economic data is expected once the session starts, including new PMI figures from Germany and the EU.

Germany's DAX was 0.30% in the red at 7:29 am CET. and the FTSE 100 in London was flat, increasing 0.03% at the same time. The CAC 40 lost 0.07% at 7:30 am CET.

The euro was flat against the dollar as it traded 0.01% higher for 1.10212 at 7:31 am CET. The pound was also flat, but it declined 0.02% at 7:31 am CET to change hands at 1.24698.

Breaking the News / VP