[Europe Open] Early Market Decline... UK FTSE Down 1.15%
Major European stock markets are showing a decline across the board in early trading on the 19th. This follows the previous day’s Federal Reserve (Fed) announcement reducing the expected number of interest rate cuts next year from four to two, which has led to continued selling pressure on Wall Street.
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As of around 5:20 PM Korean time, the UK FTSE index is down 1.15% at 8105.02.
![[Image source=EPA Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2019061410481879415_1560476898.jpg)
Germany’s DAX index is down 1.07% at 20,026.37. France’s CAC index is trading 1.3% lower at 7288.58.
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