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1/26, 7:34 AM (Source: TeleTrader)
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Europe higher premarket ahead of Fed announcement

European shares traded higher in the premarket hours on Wednesday. It is also expected to open higher as investors prepare themselves for the US Federal Reserve's latest monetary policy announcement. Investors will continue to closely monitor the evolution of the earnings season, news on the coronavirus, and the situation in Ukraine.

The DAX jumped 0.78% at 7:29 am CET, the CAC 40 added 0.94% and the FTSE 100 gained 0.99%.

The euro and the pound were flat against the dollar at 7:30 am CET, selling for $1.13042 and $1.35118, respectively.

Baha Breaking News (BBN) / JG