1/25, 7:12 AM (Source: TeleTrader)
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Europe higher premarket after selloff

European stocks were higher in the premarket on Tuesday following steep losses recorded yesterday. Today, traders will monitor the latest report on the business climate in Germany, as well as the standoff between the West and Russia on Ukraine.

The DAX increased by 1.14%, London's FTSE 100 was up 0.80%, while the CAC 40 grew 1.28% at 6:59 am CET.

The euro was 0.13% lower compared to the dollar at 7:11 am CET, trading for 1.13064. The British pound declined 0.10% against the greenback, changing hands for 1.34725 a minute later.

Baha Breaking the News (BBN) / MS