European Daily Market Review 9.10.19

European markets declined today amid expectations of higher data coming from the high-level meetings between Washington and Beijing.

The pan-European Stoxx 600 had lost almost 1% by the mid-afternoon with banks, autos, financial services, travel and retail stocks falling more than 1.5%.

The German Qiagen tumbled 19.9% by the afternoon, slightly coming off its lowest point in three years after third-quarter sales coming below forecasts.

Airbus (AIR.PA) shares advanced today as most market analysts predict a 13.5% rise in nine-month deliveries.

Additionally, Airbus (AIR.PA) is on track to outpace Boeing in annual deliveries for the first time since 2011, after Boeing was forced to ground its fastest-selling plane, the 737 MAX, in March.

The GBP sunk to a one-month bottom after U.K. Prime Minister Boris Johnson told German Chancellor Angela Merkel a Brexit deal is impossible under terms the European Union demands.

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