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3/15, 9:18 AM (Source: TeleTrader)
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Europe trades higher as Brexit uncertainties continue

Major stock markets in Europe started the last trading session of the week higher as investors closely follow the Brexit and trade developments. Volkswagen AG was charged by the American Securities and Exchange Commission for defrauding United States investors.

In London, the FTSE 100 was up 0.38% minutes after the market open, with Fresnillo plc trading 1.79% higher. The German Dax was up just 0.08%, struggling to rise above the flatline following a report on wholesale inflation. Covestro AG was the best performer, rising 1.42%. In France, the CAC 40 increased 0.12 % as STMicroelectronics gained 1.01%.

The euro was up 0.21% against the dollar to 1.13277 at 9:14 am CET, while the pound fell 0.11% to $1.32267 at the same time. Precious metals were on the rise again, reclaiming some of yesterday's lost value. Gold advanced 0.58% to $1,303.63, while palladium grew 0.51% to $1,560.82 at the same time.

Breaking the News / MD