Europe up in premarket ahead of German data25 Nov 2021 06:15
Shares on the major stock market indexes traded in the green in the premarket on Thursday as the investors anticipated the data on Germany's third-quarter gross domestic product growth, as well as December's consumer confidence estimate.
On the COVID front, Germany's weekly virus incidence rate reached a new high, while Italy introduced fresh restrictions for those who haven't been vaccinated.
The DAX gained 0.51% at 7:06 am CET, while the FTSE 100 moved up by 0.31% at the same time. Concurrently, in Paris, the CAC 40 advanced by 0.56%.
The euro strengthened 0.08% versus the dollar, selling for 1.12142 at 7:09 am CET, while the pound increased by 0.14% compared to the greenback, going for 1.33494 a minute later.
Breaking the News / BU