Europe mostly lower in premarket amid earnings, data30 Apr 2024 07:05
Major European stock indexes traded mostly lower in premarket on Tuesday as investors digested the latest financial results by several European corporations, including Mercedes-Benz, Volkswagen, Santander, Lufthansa and Adidas. On the economic front, traders are expected to closely monitor the fresh reports on German retail sales and gross domestic product (GDP), French inflation and the GDP in the Eurozone.
The DAX drp[[ed by 0.10% at 8:00 am CET, while the FTSE 100 gained 0.12%. At the same time the CAC 40 declined by 0.22%, and the Euro Stoxx 50 went down by 0.09%.
The euro lost 0.21% against the dollar at 7:58 am CET, selling for $1.06985. The pound fell by 0.23% compared to the greenback, going for $1.25335 simultaneously.
Baha Breaking News (BBN) / JJ