European Stock Markets Boosted by Barnier’s Comments on a Possible Brexit Deal
European stock markets are trading in the green early on Tuesday, receiving a considerable boost on EU chief negotiator Michael Barnier’s comments expressing belief that Britain and the EU could reach a Brexit deal within this week. Barnier made these comments when addressing the media at Luxembourg earlier today.
On Monday, European stocks had a mixed day of trading over uncertainty on when the US-China trade deal would finally be signed off and how it would impact markets. In addition, Brexit uncertainties continued to plague stock markets across the Eurozone.
Uncertainty continues to reign in global financial markets, keeping stock markets also under pressure, following US President Donald Trump’s decision to impose sanctions on Turkey in retaliation to its attack on northern Syria. Geopolitical tensions within the Eurozone also keep European stock markets under pressure after nine Catalan separatist leaders were jailed by Spain’s Supreme Court for an illegal independence attempt back in 2017.
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