TELETRADER News
10/7, 7:25 AM (Source: TeleTrader)
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Europe lower premarket ahead of data

Major European stock indexes were below the flatline in the premarket session on Friday, ahead of the release of data on industrial production and retail sales in Germany. In addition, Halifax will reveal statistics on house prices in the United Kingdom.

The investors will also track the United State's jobs report release, a key indicator of the country's labor market, which is closely monitored by the Federal Reserve to determine future monetary tightening policy at its following meetings.

London's FTSE slipped by 0.20% at 7:07 am CET. The DAX dropped by 0.29%, and the CAC 40 fell by 0.19%. The euro was flat against the dollar, selling at $0.97977 at 7:24 am CET. At the same time, the pound sterling was up by 0.06% against the American currency, to change hands to $1.11679.

Baha Breaking News (BBN) / AB