|Bid||3,665.00 x 47300|
|Ask||3,249.00 x 7000|
|Day's Range||3,407.88 - 3,429.48|
|52 Week Range||2,259.00 - 3,493.00|
|PE Ratio (TTM)||80.26|
|Dividend & Yield||0.53 (1.18%)|
|1y Target Est||N/A|
European markets were mixed Wednesday, recovering some of the losses seen in early deals after Moody's downgraded its credit rating for the world's second-largest economy, China.
Discord between the euro zone's three largest countries is stalling the European Central Bank's efforts to come up with a way to force euro clearing out of London and put it under its watch, three sources told Reuters. Currently UK clearing houses, particularly the London Stock Exchange's LCH.Clearnet (LSE.L), guarantee the vast majority of the trillions of euros worth of trades conducted every year and their location will likely be a point of contention in divorce talks between Britain and the European Union. The ECB and the central banks of the euro zone's three largest countries - Germany, France and Italy - agree euro clearing needs to move to the euro zone after Brexit but they diverge on who should supervise it, the sources close to the matter said.
Banks and investors will end up $100 billion worse off if the European Union forcibly repatriates the clearing of euro-denominated derivatives after Brexit, according to London Stock Exchange Group Plc’s ...