European Daily Market Review 2.12.19

European stock markets retreated after President Donald Trump could further levy tariffs on metal imports from Brazil and Argentina.

The CAC-40 slipped 0.84% while the German DAX dropped 0.72%.

The British FTSE-100 in London had declined 0.25% by 1:30 p.m. London time. The pan-European Stoxx-600 fell in the early afternoon, with most sectors and major bourses in sell mode.

Fiat Chrysler plans to invest 750 million euros in its Mirafiori plant in Turin, as part of a 5 billion euro plan to 2021 for the country.

The World Trade Organization has found the EU has failed to withdraw all subsidies to planemaker Airbus, (AIR.PA) according to close to sources familiar with the matter.

The WTO scaled back the amount of harm deemed to have been caused to U.S. rival Boeing by a rival Airbus plane, the A380 superjumbo, two of the people said.


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