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6/9, 9:01 AM (Source: TeleTrader)
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Europe opens mostly muted following German data

Major stock markets in Europe opened the Wednesday trading session mostly flat, as Germany reported its trade surplus declined in April. On the data front, investors will also be looking at what the latest inflation data, due to be released later today, from the United States would mean for markets globally.

Meanwhile, the United Kingdom launched investigations into British Airways and Ryanair over their failures to provide refunds, and France charged Renault with deception in the dieselgate scandal.

The DAX and the CAC 40 opened flat. The FTSE 100 declined 0.09%, with Kingfisher plc dropping 0.88%. The euro gained 0.06% against the dollar trading for $1.21798 at 9:03 am CET, while the pound increased 0.11% against the American currency selling for $1.41734 at the same time.

Breaking the News / OL