Brexit Uncertainties Dominate Sentiment in European Stock Markets - Forex News by FX Leaders
FTSE, European stock markets trading Brexit uncertainties

Brexit Uncertainties Dominate Sentiment in European Stock Markets

Posted Friday, October 25, 2019 by
Arslan Butt • 1 min read

Early on Friday, Britain’s leading stock market index FTSE is trading lower after touching close to a one-month high over rising Brexit uncertainties and the ongoing political turmoil within the UK. At the time of writing, FTSE is trading around 7323.

Meanwhile, European stock markets are also set to trade cautiously as Brexit remains in the spotlight. On Thursday, UK PM Boris Johnson called for a fresh round of general elections, even before the EU could announce its decision on whether or not to grant Britain yet another extension on Brexit.

Discussions among EU27 members remain ongoing regarding the length of the delay to be granted to Britain to sort out all concerns around Brexit. European stock markets can also be impacted by Q3 corporate earnings report releases from leading companies today.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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