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European markets shares open lower after attacks on Aramco

2019-09-16 07:49 am | Resource: News | No Views : 62

 European  markets  shares open lower after attacks on Aramco

European markets began trading in the red on Monday as investors turned to safe-haven assets after a drone hit Saudi Aramco on Sunday, sending oil prices up 15% at one point and US President Donald Trump saying the United States " Locked and loaded "and waiting for Saudi Arabia to confirm who attacked Aramco. Aviation was hit hard, with airlines and aircraft manufacturers leading the losses.

Gentiloni: EU continues to impose digital tax regardless of global deal

On the other hand, the EU aims to impose a digital tax, and intends to do so even if no broader global deal is reached within the framework of the G20 or the Organization for Economic Cooperation and Development (OECD), EU Economic Affairs Commissioner Paolo Gentiloni told Italy no. Stampa on Monday.

Gentiloni pointed out that his first goal when he takes office on November 1 would be to try to reach agreement on the digital tax in the G20 and OECD versions.

The former Italian prime minister added that the EU must implement economic and financial policies that support growth.

European stock openings
  • Germany's DAX fell 0.63% at 9:05 am CET. Lufthansa fell 3.85% at 9:07 CET.
  • The FTSE 100 started the first minute of trading down 0.21%. EasyJet fell 5.31% at 9:03 am CET, and the Consolidated International Airlines group dropped 3.65% at the same time.
  • The CAC 40 was down 0.53% at 9:30 am CET, with Airbus down 4% at the beginning of the day after the World Trade Organization allowed the United States to provide punitive tariffs in a case over EU support for the aircraft manufacturer.

The euro was trading unchanged against the dollar, dropping 0.01% and trading at 1.10736 at 9:20 CET. The pound lost 0.31% compared to the dollar and went to 1.24612 at 9:21 CET.

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