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Dec 7 (Reuters) - European shares slipped on Monday as
rising tension between the United States and China sapped some
appetite for risky assets, while Britain-based exporters
outperformed as uncertainty over a Brexit trade deal battered
the pound.
Germany's trade-sensitive DAX index .GDAXI and the
pan-European STOXX 600 index .STOXX fell 0.1%.
Reuters exclusively reported that United States was
preparing to impose sanctions on at least a dozen Chinese
officials over their alleged role in Beijing's disqualification
of elected opposition legislators in Hong Kong. Banks .SX7P led declines in Europe, down 1.7% as yields on
euro zone bonds fell. GVD/EUR
London's FTSE 100 .FTSE , meanwhile, rose 0.2% with
consumer and healthcare stocks leading gains. The pound GBP=
took a beating as negotiators struggled to reach consensus on a
post-Brexit trade deal. GBP/
British Prime Minister Boris Johnson and European Commission
President Ursula von der Leyen are due to hold another call on
Monday evening in the hope that stubborn differences over
fishing rights in UK waters, fair competition and ways to solve
future disputes will have narrowed by then.