9/16, 9:01 AM (Source: TeleTrader)
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Europe opens mixed ahead of Von der Leyen's speech

Major European stock markets opened mixed on Wednesday after rather underwhelming data reported earlier in the day. The United Kingdom saw a drop in consumer prices and negative output inflation for goods in August. Meanwhile, France experienced a new rise in daily coronavirus infections. Meanwhile, traders were waiting for remarks by European Commission President Ursula von der Leyen on the effects of the coronavirus pandemic.

The DAX gained 0.08% at the opening as Deutsche Post AG rose by 1.55%. On the other hand, the FTSE 100 lost 0.30%, with Taylor Wimpey PLC declining by 3.41%. Meanwhile, the CAC 40 stood flat.

Both the euro and the pound sterling stood flat against the dollar to sell for $1.18513 and $1.28884, respectively, at 8:58 am CET.

Breaking the News / JR