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7/12, 9:03 AM (Source: TeleTrader)
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Europe opens lower as G20 agrees corporate tax

Major European stock markets opened lower on Monday following a weekend during which the G20 reached an agreement to introduce minimum corporate taxes on a global scale. On the coronavirus front, the British government confirmed England's restrictions are going to end on July 19 as planned.

The DAX lost 0.19% at the opening bell, with Daimler AG leading the losses. The FTSE 100 traded 0.31% in the red, as Anglo American plc tumbled 1.39%. The CAC 40 fell 0.07%, led by Renault which dropped 1.15%. Both the euro and the pound lost 0.14% against the dollar at 9:03 am CET to sell for 1.18603 and 1.38850, respectively.

Breaking the News / ND