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European equity markets opened on Wednesday with losses, weighed down by uncertainty in the vote count of the US presidential election, while the dollar rose against the major currencies.
In the first session exchanges, the Frankfurt Stock Exchange sold 1.89%, Paris 1.31%, London 1.11%, Madrid 2.09% and Milan 2.1%.
At the currency level, the dollar gained ground, with the euro losing 0.51% against the greenback. The dollar also rose more than 1% against the pound, which was worth $ 1.2927 early in the morning.
For their part, oil prices were very unstable, positive after being in the red in New York and London, after Donald Trump’s statements that he had won the election, although the final results have not yet been published.
“There is great uncertainty over what Trump says” about election fraud and his intention to appeal to the Supreme Court, analyst Naeem Aslam told AFP.
Bank ING said: “One of the few things that is clear so far is that we will not have a crushing Democratic victory, as the polls had suggested, and this has destabilized the market, which was positioned for a clear result.”
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