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11/29/2019, 7:43 AM (Source: TeleTrader)
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Europe lower premarket amid trade concerns

European stock markets traded lower during premarket as worries arose on the future of the trade deal between Washington and Beijing after United States President Donald Trump signed a bill supporting the anti-government protests in Hong Kong. Meanwhile, in business, Groupe PSA announced it was planning to sell its stake in its joint venture with Chongqing Changan Automotive.

The FTSE 100 was down 0.35% at 7:41 am CET, while the DAX and the CAC 40 surrendered 0.31%.

The euro and the pound were both flat against the dollar at 7:43 am CET, to sell for $1.10096 and $1.29129 respectively.

Breaking the News / MD