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7/4, 8:09 AM (Source: TeleTrader)
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Europe higher premarket ahead of Swiss inflation data

European stocks stood higher in Monday's premarket trading as investors prepared for new inflation figures from Switzerland, with markets expecting another increase past 3%.

The day will also be marked by another batch of data from Germany and the European Union. Meanwhile, markets in the United States will remain closed due to the Independence Day holiday.

The DAX, the FTSE 100, and the CAC 40 increased by 0.74% each at 8:08 am CET. At the same time, the euro and the pound traded flat against the dollar to sell for 1.04334 and 1.21013, respectively.

Baha Breaking News (BBN) / ND