European Daily Market Review 23.1.20

European markets lost some ground today with shares in Germany off the most.

The DAX slipped 0.45% while London’s FTSE-100 dropped 0.36% and the French CAC-40 lost 0.12%.

European Central Bank President Christine Lagarde testified before the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium on December 2, 2019.

The European Central Bank launched a broad review of its policy that is expected to see new President Christine Lagarde redefine the ECB’s main goal and how to achieve it.

Trade concerns were also resurfacing for investors after comments made by President Donald Trump in Davos at the World Economic Forum.

The euro currency is still flat and stands around the rate of $1.1095.


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