The Daily Times Newspaper

Brexit Talks Remain Hanging Over the European Stock Markets

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The European stock markets showed small losses on Tuesday. Investors took a little risk and focused on the negotiations on a trade agreement between Brussels and London, which have entered a crucial phase.

 

Further developments in Washington regarding the extra corona support package for the American economy were also looked forward to.

The AEX index recorded 0.2 percent in the negative at 615.24 points around noon. The MidKap fell a fraction to 912.48 points. The stock exchanges in Frankfurt and Paris lost up to 0.5 percent.

The main index in London fell by 0.4 percent. British Prime Minister Boris Johnson said he was going to Brussels for further Brexit talks with European Commission President Ursula von der Leyen.

There are still significant differences of opinion between the European Union and the British about fishing, a level playing field for companies and the enforcement of regulations. Johnson previously threatened to walk away from the negotiating table if there is not a quick movement from Brussels.

In the United Kingdom, the first person has now been vaccinated with the new corona vaccine from Pfizer and BioNTech. The vaccine was approved for use in Great Britain on December 2. Some 70 hospitals kick off the most extensive vaccination campaign in British history on Tuesday. The share of the German biotechnologist BioNTech fell a fraction in Frankfurt.

The euro was worth $ 1.2117, compared to $ 1.2141 the day before. A barrel of American oil cost 0.4 percent less at $ 45.60. Brent oil fell 0.3 percent in price to $ 48.65 a barrel.

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