Europe lower in premarket ahead of data
Equities in Europe traded lower in the premarket on Thursday ahead of the freshest reports on Germany's trade balance, the United Kingdom's services and manufacturing sectors, and the euro area's producer prices. The markets also reacted to the United States Federal Reserve speaking against cuts in interest rates and in favor of new rises in 2023.
The DAX traded 0.23% lower at 8:04 am CET. The FTSE 100 fell by 0.12% at 8:00 am CET. At the same time, the CAC 40 dipped by 0.08%. The Euro Stoxx 50 declined by 0.13% at 8:01 am CET.
The euro stood flat against the dollar at 7:58 am CET to sell for $1.06058. At that minute, the pound sterling lost 0.27% to the US currency to change hands for $1.20256.
Baha Breaking News (BBN) / JR... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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