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1/24, 7:25 AM (Source: TeleTrader)
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Europe lower in premarket with Ukraine tensions in focus

European stocks fell in premarket trading on Monday as tensions between Russia and Ukraine remained in focus. European Union foreign ministers are meeting today in Brussels to discuss the matter and are expected to issue a joint statement urging Russia to avoid invasion. Elsewhere, investors digested Philips' earnings and awaited PMI data from the euro area.

The FTSE 100 was dawn 0.20% at 6:32 am CET, the DAX declined 0.29% and the CAC 40 fell 0.27%.

The euro lost 0.21% against the dollar to go for 1.13172 at 7:24 am CET and the pound was down 0.08% compared to the greenback, selling for 1.35426 at the same time.

Baha Breaking News (BBN) / NP