Europe higher premarket ahead of GDP, jobs data18 May 2021 08:05
Major European stock market indexes were higher in the premarket on Tuesday as the traders awaited the latest data reports on the trade balance, employment, and the gross domestic product (GDP) in the euro area.
Backing the sentiment, United States president Joe Biden confirmed the day before that Washington intends to start shipping COVID-19 vaccines in order to help countries worldwide tackle the pandemic.
The DAX rose by 0.63% at 8:00 am CET, while the CAC 40 concurrently gained 0.38%. At the same time, in London, the FTSE 100 moved up by 0.79%. The euro increased 0.12% compared to the dollar, selling for 1.21671 at 7:59 am CET, while the pound advanced 0.25% versus the greenback to go for 1.41658 at the same time.
Breaking the News / BU