Europe flat to lower premarket with earnings, data in focus31 Jan 2024 07:06
Major European stock indexes traded flat to lower during the premarket session on Wednesday as all eyes were focused on the fresh reports on retail sales from Germany and Switzerland, as well as the German unemployment rate and inflation, scheduled for today. In business, Banco Santander, SA, and Novartis released its financial results for the fourth quarter of 2023.
The DAX and the CAC 40 were flat at 8:00 am CET At the same time, the FTSE 100 dropped 0.14%, while the Euro Stoxx 50 declined by 0.6%.
The euro lost 0.27% against the dollar at 7:58 am CET, to sell for $1.08152. Simultaneously, the British pound fell by 0.21% compared to the greenback, trading at $1.26698.
Baha Breaking News (BBN) / JJ
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