News Formal

European stocks seen slightly lower as Brexit takes center stage

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

European stocks were expected to open slightly lower Wednesday as investors pause for guidance on the likelihood of an imminent Brexit deal between the U.K. and the EU.

Brexit negotiations continued into the early hours of Wednesday as U.K. Prime Minister Boris Johnson seeks to hammer out a deal with the bloc ahead of a meeting of European leaders this week.

British news outlets reported Tuesday night that the two parties were on the brink of a deal after the U.K. made concessions to EU demands over the Irish border. A draft deal could be published Wednesday if the details are finalized.which jumped 1.56% in early trade.China threatened countermeasuresEmbattled Hong Kong Chief Executive Carrie Lam on Wednesday ruled out yielding to the demands of pro-democracy protesters as violence escalates across the city.

On the data front, Italian industrial orders for August are due for publication at 9:00 a.m. London time, before U.K. consumer price index inflation figures for September at 9:30 a.m. and equivalent Italian inflation data at 10:00 a.m.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks turn down after Brexit, trade-driven rallyA three-day rally in European shares halted on Monday as investors assessed the ...
Source: Reuters - 🏆 2. / 97 Read more »

European stocks slink back on warier view of U.S.-China, Brexit talksEuropean stocks took a step backward on Monday as traders took more sober assessments on the prospect of U.S.-China trade pact and a deal for Britain to leave the European Union.
Source: MarketWatch - 🏆 3. / 97 Read more »