Europe lower in premarket ahead of German, EU data9 Aug 2021 08:06
Equities in Europe traded lower in the premarket on Monday ahead of Germany's newest report on the trade balance and the European Union's one on investor confidence. Meanwhile, several countries in the south of the continent, particularly Greece, faced wildfires, which devastated nature, affected the economy, and forced thousands of people to evacuate.
The DAX lost 0.19% at 8:00 am CET. At the same time, the FTSE 100 fell by 0.26%. A minute later, the CAC 40 declined by 0.32%.
Both the euro and the pound sterling stood flat against the dollar at 7:59 am CET, selling for $1.17584 and $1.38676, respectively.
Breaking the News / JR