Europe mixed premarket ahead of CPI reports29 Jun 2023 07:11
Major European markets were mixed in premarket of Thursday amid the latest data and discussions on inflation.
Investors remain attentive to the data and possible actions to be taken by the European Central Bank (ECB) after President Christine Lagarde indicated that there is still work to be done. In this regard, the German and Spanish CPI reports, and the Eurozone business and consumer survey are expected today.
The DAX lost 0.07% at 8:07 am CET, while the CAC 40 added 0.07%, and the FTSE 100 was flat. The pan-European Euro Stoxx 50 inched down 0.05% a minute later.
The euro was down by 0.16% against the dollar at 8:09 am CET, selling for $1.08957. In comparison, the pound was flat to go for $1.26285 at the same time.
Baha Breaking News (BBN) / JG