Europe lower premarket with more data on the horizon6 Jul 2023 07:05
Major stock indexes in Europe traded lower in the premarket on Thursday as more economic releases lined up. Today, investors will be focusing on German factory orders, the United Kingdom's construction PMI and the Eurozone's retail sales.
Meanwhile, yesterday, the Federal Reserve's minutes showed that "almost all" policymakers of the world's largest economy are expecting further interest rate increases. However, "many" of them also said that "a further moderation in the pace of policy firming was appropriate."
The DAX fell 0.28% at 8:02 am CET, while the Euro Stoxx 50 lost 0.58% and the FTSE 100 declined 0.49% at the same time. The CAC 40 decreased 0.23% simultaneously.
The euro and the pound were both flat against the dollar at 7:59 am CET, selling for 1.08549 and 1.27109 respectively.
Baha Breaking News (BBN) / AY