Major European stocks started Monday's session with losses as investors keep the meeting of the United States Federal Reserve in sight, waiting for its decision on a possible interest rate increase later this week. Traders will also analyze the influx of economic data from the United Kingdom which saw the country's GDP rise by 0.5% in October, while production output remained unchanged.
Frankfurt's DAX fell 0.42% at the opening bell, as Adidas pulled the index down by 1.30%. London's FTSE 100 decreased by 0.29%, as Fresnillo sank by 3.11%. The CAC 40 in Paris dropped 0.48%, as L'Oreal lost 1.82%. The Euro Stoxx 50 slipped 0.56% at 9:02 am CET, with Adidas going down 1.51%.
Both the euro and the pound were mostly flat against the dollar at 8:59 am CET, going for 1.05258 and 1.22571 respectively.