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1/31/2020, 9:00 AM (Source: TeleTrader)
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Europe opens mostly in the green on Brexit day

European equities traded with gains at the open on Friday, the day the United Kingdom is leaving the European Union. Two days ago, the European Parliament finally ratified the Brexit deal. Meanwhile, data from German Destatis showed that turnover in retail trade in Germany increased by 0.8% in December. Investors are still waiting for the Bank of England to release UK mortgage approvals, and for Eurostat to release the consumer price index for European Union as well as gross domestic product data.

The DAX added 0.22% in the first moments of trading with Deutsche Bank AG among the top performers rising by 1.79%. In Paris, the CAC 40 advanced 0.31% at 9:01 am CET. AXA went up by 0.31%. The FTSE 100 fell 0.10% at 9:14 am CET with Bt Group PLC as the worst performer that went down by 1.25%.

The euro was falling against the dollar 0.06% at 9:02 am CET, buying 1.10260 while the pound was up 0.25% versus the US currency, going for 1.31258.

Breaking the News / TF