Major stock markets in Europe opened with losses on Tuesday as investors will be receiving different reports on countries across de continent. After the markets start, Italian inflation, European Union economic sentiment and trade balance will give information to investors on the economy's health. Before the opening bell, the UK unemployment figure came higher than expected.
The German Dax opened falling by 1.28% with Deutsche Boerse decreasing 1.34% at 9:01 am CET. The Euro Stoxx 50 started losing 1.49% as Airbus slid 3.19%. The French CAC 40 lost 1.68% with ArcelorMittal SA dropping 4.82%. The British FTSE 100 fell 1.45% at the beginning of the trading session with Barclays PLC shrinking 2.75%.
The euro traded 0.14% lower against the dollar going for 1.06099 at 8:58 am CET while the pound lost 0.14% compared to the greenback, going for 1.24308 simultaneously.