TELETRADER News
2/11, 5:30 PM (Source: TeleTrader)
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Europe closes lower as inflation worries press

Shares on the major stock market indexes in Europe ended the session with losses on Friday, as inflation remained in traders' focus. After yesterday's worse-than-expected reading from the United States, Germany's consumer prices have risen 4.9% on an annual basis in January.

On the COVID-19 front, the French government could scrap the vaccine passes at the end of March or the beginning of April, according to its announcement.

The DAX went down by 0.42% at the close as Delivery Hero plunged 11.81%. The CAC 40 dropped 1.27% at the same time with Unibail-Rodamco-Westfield dropping 3.98%. Meanwhile, in London, the FTSE 100 declined by 0.15% as Spirax-Sarco Engineering dove 3.79%.

The euro slid 0.27% compared to the dollar at 5:31 pm CET, selling for 1.14015, while the pound advanced 0.34% against the greenback a minute later, to go for 1.35996.

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