1/19, 7:11 AM (Source: TeleTrader)
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Europe down premarket ahead of inflation figures

Stocks on European exchanges were below the flatline in premarket trade on Wednesday with traders anticipating inflation reports for Germany and the United Kingdom. Meanwhile, Germany reported a new record in daily coronavirus infections earlier in the day.

The DAX declined by 0.61%, London's FTSE 100 was down 0.51%, while the CAC 40 lost 0.66% at 6:47 am CET.

The euro was 0.10% up compared to the dollar at 7:10 am CET, trading for 1.13282. The British pound was 0.12% higher against the greenback, changing hands for 1.36007 a minute later.

Baha Breaking the News (BBN) / MS