European markets set to open higher ahead of FOMC minutes4 Jan 2023 07:14
European stock markets are on track for a positive open on Wednesday, with traders awaiting the release of a new batch of economic data, as well as the latest minutes from the US Federal Reserve's latest monetary policy meeting.
Markets in Europe are also in a positive momentum following yesterday's publication of Germany's preliminary inflation report, in which the figure is set to decline more than expected.
The DAX gained 0.10% at 8:07 am CET, while the CAC 40 added 0.33%, and the FTSE 100 rose 0.28%. The pan-European Euro Stoxx 50 increased 0.14% a minute later.
At 7:59 am CET, the euro improved by 0.17% against the dollar, selling for $1.05702, and the pound grew by 0.11% to go for $1.19866.
Baha Breaking News (BBN) / JG
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