European Equities Market Tumbles on Trade Policy Concerns and Inflation Worries
The European equities market had an underwhelming start to Tuesday, with trade policy concerns and inflationary worries at the forefront. The FTSE 100 index opened down 10 points, 0.1%, at 10,812.13.
The Cboe UK 100 fell 0.1% at 1,074.64, while the CAC 40 in Paris lost 0.4%. Frankfurt's DAX 40 also declined by 0.3%.
According to Wealth Club analyst Susannah Streeter, 'trade tensions and geopolitical stalemate are adding to inflationary concerns, pushing prices up across a large basket of commodities, which will feed through to household and business costs.'