12/3/2019, 9:02 AM (Source: TeleTrader)
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Europe opens mixed ahead of NATO meeting

European stocks opened mixed on Tuesday as world leaders started gathering in London for this week's North Atlantic Treaty Organization (NATO) Summit. Trade worries remain strong globally as the United States and China seem further from their trade deal while Washington said the European Union could be facing new tariffs on its imports to the US. Later in the day, the EU will release economic data on producer prices.

The DAX started the day 0.60% in the green at 9:03 am CET as Wirecard increased 1.51% at 9:04 am CET. The CAC 40 was up 0.11% in the first minute of trading. The FTSE 100 fell 0.17% at 9:30 am CET as mining companies led the index lower after the US decided to reimpose aluminium and steel tariffs on Brazil and Argentina.

The euro declined 0.06% to 1.10782 against the dollar at 9:18 am CET.

Breaking the News / VP