European Shares Fall After the Resignation of the British Minister
On Thursday to continue losses for the second session in a row, close to the lowest level in two weeks recorded earlier in yesterday’s meeting, this comes with renewed concerns about the deal to leave Britain from the European Union, especially after the resignation of Minister of Secession Affairs from the British government.
The Dow Jones Stoxx Europe 600 was down 0.3% at 10:45 GMT, and the index ended yesterday’s 0.6% down, its fourth loss in five sessions, hitting a two-week low as mining and commodity stocks plummeted.
The Stoxx Europe index fell on Thursday morning, posting its second consecutive daily loss, close to a two-week low yesterday, with most of the major stock exchanges and sectors in the red zone.
Dominique Rapp, the British government’s secessionist affairs minister, stepped down on Thursday, stepping up pressure on Prime Minister Theresa May, who is now desperately trying to complete the country’s exit from the European Union.
Domenech Rap said on the grounds of the resignation that he could not agree to the proposed terms of the disengagement agreement because it did not meet the promises made by the ruling Conservative Party to the country in its campaign last year.
S & P 500 futures fell more than 0.2%, and the index ended yesterday’s session on Wall Street down by 0.8%, the fifth daily loss, respectively.
The Euro Stoke 50 index fell by 0.4%. In France, the CAC 40 index fell 0.5%. In Germany, the DAX lost 0.2%. In London, the FTSE 100 shed 0.2%.