Europe opens lower as Brent tops $100, with energy and metals diverging from equity weakness
Executive summary: European markets opened under pressure, with the DAX, FTSE 100, CAC 40 and Euro Stoxx 50 all lower as Brent crude pushed above $100 a barrel. The move lifted energy-linked assets and some metals, while natural gas, palladium and major equity benchmarks weakened. FX was comparatively calm, with the euro and pound slightly firmer against the dollar and USD/JPY lower. [Continue Reading]
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