Europe lower premarket amid unemployment, inflation12 Apr 2022 08:08
Major indexes in Europe traded higher in the premarket on Tuesday amid growing concerns over intensified fighting in eastern Ukraine, the impact of sanctions, and ahead of reports on German inflation and UK unemployment. Earlier, Ukrainian President Volodymyr Zelensky said Russian troops have intentionally mined areas of northern Ukraine after withdrawing from the region.
The DAX lost 1.12% at 8:01 am CET, while the CAC 40 fell 1,00%, and the FTSE 100 declined 0.68%.
The euro was down 0.15% against the dollar at 8:02 am CET, selling for $1.08670. In comparison, the pound lost 0.07% to go for $1.30210 at the same time.
Baha Breaking the News (BBN) / JGA