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9/29, 7:01 AM (Source: TeleTrader)
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Europe higher in premarket, BoE in focus

Major stock indexes in Europe traded higher in Thursday's premarket session, as the positive sentiment was seemingly prompted by the Bank of England's latest decision to temporarily buy long-dated United Kingdom government bonds (gilts), so as to bring back "orderly market conditions."

On the data front, traders will be looking out for the report on Eurozone's consumer confidence, alongside Germany's inflation.

The DAX gained 0.82% at 6:52 am CET. At the same time, London's FTSE 100 rose 0.39%, while the CAC 40 was up 0.67%. The euro lost 0.50% against the dollar at 7:02 am CET, selling for 0.96866. The pound was down 0.79% against the greenback to go for 1.08057 a minute later.

Baha Breaking News (BBN) / AY