10/13/2020, 9:04 AM (Source: TeleTrader)
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Europe opens mostly lower after pessimistic data

European stock markets opened in the green on Tuesday as the earnings season in the United States takes its swing. However, the data reported was lower than expected. Germany's consumer price index (CPI) was down by 0.2% in September while the unemployment rate in the United Kingdom was estimated at 4.5% in the three months to August.

The FTSE 100 stood flat at 9:01 am CET as Rolls-Royce Holdings Plc plunged 2.10% at 9:02 am CET. The DAX went down by 0.06% at the same time with Bayer AG going down by 1.65%. The CAC 40 fell 0.06% at 9:01 am CET. Airbus SE was the worst performer dipping by 3.47% at 9:03 am CET.

The euro fell against the dollar by 0.20% to sell for 1.17872 at 9:00 am CET, while the pound decreased by 0.13% against the US currency to go for 1.30458 at the same time.

Baha Breaking News (BBN) / TF