8/25/2020, 7:30 AM (Source: TeleTrader)
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Europe higher premarket ahead of German data

Major stock market indexes on the European markets traded higher in the premarket on Tuesday as the investors awaited the economic data from Germany scheduled for release later in the day. The report on the country's gross domestic product in the second quarter of the year will be released before the trading session's start, while the Ifo report on the business climate in Germany is scheduled to go out shortly after the opening bell.

The DAX rose by 0.63% at 7:30 am CET, while the FTSE 100 advanced by 0.30% at the same time. A minute later, in Paris, the CAC 40 was up by 0.49%.

The euro gained 0.17% against the dollar, to sell for $1.18074 at 7:28 am CET, while the pound went up 0.26% versus the greenback, going for $1.30969 at the same time.

Breaking the News / BU