10/26, 7:37 AM (Source: TeleTrader)
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Europe flat to higher premarket on ECB remarks

Major European stock markets were flat to higher in premarket trade on Tuesday, after closing mixed on warnings of a "downward" economic outlook and ongoing inflation risks from the European Central Bank and Bank of England. Meanwhile, the EU has confirmed upcoming talks with Iran in Brussels and Boris Johnson has urged Vladimir Putin to revise Russia's carbon neutrality goal from 2060 to 2050 ahead of the COP26 conference.

The DAX was up 0.33% while the FTSE 100 increased by 0.14% at 7:29 am CET. The CAC 40 was also up 0.14% at 8:00 am CET.

The euro was down 0.05% compared to the dollar at 7:27 am CET, trading for 1.16019. The British pound was 0.04% lower against the greenback, changing hands for 1.37607 at the same time.

Breaking the News / IB