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After face-to-face talks restarted on Saturday, investors await news of a call between UK Prime Minister Boris Johnson and EU Commission president Ursula von der Leyen, seen as the first sign of movement either towards a trade deal or of talks crumbling five weeks ahead of the deadline.
London’s FTSE 100 slipped 0.3%, while the pan-European STOXX 600 index fell 0.5% after four weeks of gains which have seen it rise nearly 15% so far in November.
Oil and gas stocks were the biggest decliners in Europe, down 2%, with BP (NYSE:BP) and Royal Dutch Shell (LON:RDSa) sliding as crude prices fell ahead of a meeting of producer group OPEC+ to decide whether to extend large output cuts to balance global markets. [O/R]
