[Europe Open] Early Session Declines Across the Board... UK FTSE Down 0.23%
[Asia Economy Reporter Seulgina Jo] On the 27th (local time), major European stock markets opened sharply lower. This is interpreted as a result of investors' attention being focused ahead of the speech by Jerome Powell, Chairman of the Federal Reserve (Fed), in Jackson Hole, USA.
On this day, the pan-European Stoxx600 index opened 0.01 percentage points higher than the previous close but immediately turned to a decline.
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As of 4:27 PM Korea time, the UK's London Stock Exchange FTSE100 index is trading at 6,031.45, down 0.23% from the previous close, Germany's DAX index is down 0.05% at 13,183.16, and France's CAC index is also showing a 0.22% decline.
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