European markets start higher notwithstanding fresh Brexit deadlock

European markets start higher notwithstanding fresh Brexit deadlock

On Tuesday, European markets started higher notwithstanding news that Brexit talks had stalled once again.

The EURO STOXX 50 rallied 0.24%, Germany’s DAX 30 tacked on 0.20% and France’s CAC 40 gained 0.11%.

Traders seemed to have neglected news that on Monday the European Union and Great Britain didn’t manage to agree upon the terms for Brexit.

However, as European Commission President Jean-Claude Juncker told, it didn't mean that negotiations were failing.

Financial stocks generally gained. French lenders Societe Generale as well as BNP Paribas soared 0.77% and 0.28% respectively. In Germany, Commerzbank and Deutsche Bank dived respectively 0.08% and 0.09%.

In Italy, Intesa Sanpaolo as well as Unicredit tacked on respectively 0.36% and 0.240%, while Spanish financial institutions BBVA and Banco Santander leapt 0.22% and 0.07% respectively.

FTSE 100 acquired 0.45% in London, underpinned by WM Morrison Supermarkets PLC.

 

Similar

Asian stocks conclude week on upbeat note

On Friday, Asian equities mostly gained to conclude the trading week on an upbeat note because the Dow along with the S&P 500 had some of their midweek pullback reversed, while remarks from a Federal Reserve representative relived worries of speeding up…

Popular

EU shares mostly inch down

On Friday, EU shares mostly traded lower because markets were busy with digesting comments by ECB President Mario Drgahi…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera