🚀 ProPicks AI Hits +34.9% Return!Read Now

European shares slip on Brexit, virus worries

Published 12/08/2020, 04:12 PM
Updated 12/08/2020, 04:20 PM
© Reuters.
UK100
-
DE40
-
STOXX
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Dec 8 (Reuters) - European shares dipped on Tuesday, as a
post-Brexit trade deal hung in the balance, while rising
coronavirus cases spurred talks of stricter restrictions that
could cause more economic pain.
The pan-European STOXX 600 index .STOXX slipped 0.1%,
while London's FTSE 100 .FTSE , which has been outperforming
regional peers in recent sessions, fell 0.4% to lead declines.
After British and EU leaders failed to narrow differences on
Monday, they are set to meet face-to-face in last ditch attempts
to seal a deal to govern around $1 trillion in annual trade
before Britain exits from the bloc at the end of the month.
Meanwhile, as COVID-19 cases continued to rise in Germany,
Health Minister Jens Spahn said the government might tighten
restrictions to control the spread.
A media report said the measures will be discussed this
week. Germany had implemented a partial lockdown in November.

The German DAX .GDAXI was down 0.1%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.