6/17/2021, 9:02 AM (Source: TeleTrader)
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Europe opens lower ahead of EU CPI report

Major stock markets in Europe opened lower on Thursday as the Eurozone is preparing to unveil its latest results concerning consumer price inflation. Earlier, the United States Federal Reserve decided to keep the key interest rate steady. Meanwhile, it was reported Ryanair is planning to sue the British government over its border policies linked to the COVID-19 pandemic, which are "undermining consumer confidence."

The DAX traded 0.39% lower at the opening as Delivery Hero SE fell by 0.82%. The FTSE 100 declined by 0.34%, with Halma PLC going down by 3.82%. The CAC 40 decreased by 0.24% as Alstom SA dropped by 2.16%.

The euro lost 0.07% to the dollar to sell for $1.19866 at 8:54 am CET. At the same time, the pound sterling stood flat against the greenback, changing hands for $1.39870.

Baha Breaking News (BBN) / JR