Europe mixed in premarket ahead of earnings26 Jul 2022 07:06
Major European stock indexes traded mixed in the premarket ahead of a busy earnings week. Company's such as UBS, Unilever, Credit Suisse, Deutsche Bank, and Nestle will all be releasing their earnings reports.
Furthermore, investors will be paying close attention to the Federal Reserve decision on interest rates, scheduled for Wednesday. Last week, European Central Bank rose its key interest rates by 50 basis points for the first time in 11 years.
The DAX declined 0.20% at 6:45 am CET. At the same time, the FTSE 100 added 0.10%. Meanwhile, the CAC 40 lost 0.19%. The euro traded 0.07% higher against the dollar at 6:56 am CET to go for 1.02275. The pound sterling gained 0.16% against the greenback to sell for 1.20640 simultaneously.
Baha Breaking News (BBN) / AY