3/27, 7:04 AM (Source: TeleTrader)
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Europe higher premarket, banks still in limelight

Major stock indexes in Europe traded higher in the premarket on Monday as investors continued to keep a close eye on the banking sector, with the situation seemingly sabilizing. On the data front this week, traders will be looking out for German business climate and inflation reports, alongside Eurozone's consumer confidence and consumer prices data.

The DAX advanced 0.91% at 7:02 am CET, while the CAC 40 rose 0.74% and the FTSE 100 gained 0.69% at the same time. The Euro Stoxx 50 increased 0.89% simultaneously.

The euro was 0.07% above the dollar at 7:05 am CET, selling for 1.07650. The pound stood flat against the greenback and went for 1.22330 concurrently.

Baha Breaking News (BBN) / AY