Europe mostly higher premarket with rates, earnings in limelight2 Feb 2023 07:04
Major stock indexes in Europe traded mostly higher in the premarket on Thursday as investors anticipated the latest interest rate decisions from the Bank of England and the European Central Bank. The Federal Reserve made its monetary policy move yesterday.
Meanwhile, earnings continued to pour in, with Deutsche Bank, Santander, ING and Roche all posting their quarterly results, while Shell will follow suit soon.
DAX advanced 0.35% at 8:00 am CET, while CAC 40 increased 0.80% and FTSE 100 was flat at the same time. The Euro Stoxx 50 added 0.82% simultaneously.
The euro was up by 0.16% against the dollar at 7:59 am CET, selling for 1.10056. The pound traded 0.08% above the greenback and went for 1.23845 concurrently.
Baha Breaking News (BBN) / AY