TELETRADER News
6/1, 8:03 AM
(Source: TeleTrader)
Europe higher premarket before data influx
European indexes rose in Friday's premarket trading as traders awaited a flurry of data from the Old Continent. The latest batch notably includes inflation and manufacturing figures, the Eurozone's unemployment rate, and European Central Bank President Christine Lagarde's speech, followed by the central bank's policy meeting accounts. Germany and the United Kingdom will also be posting their production reports during the day.
The Euro Stoxx 50 went up 0.55% at 8:00, the DAX increased 0.26%, the CAC 40 climbed 0.30%, while the FTSE 100 traded flat at the same time.
Both the euro and the pound lost 0.12% against the dollar at 7:58 am CET to go for 1.06766 and 1.24252 respectively.