4/2, 7:36 AM (Source: TeleTrader)
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Europe lower premarket amid COVID-19 concerns

Equities on major European stock markets were slightly lower on Thursday during premarket trade as the coronavirus crisis continues. Media reported Germany would propose making a €200 billion European Union aid fund instead of issuing "corona bonds." Meanwhile, another report claimed the United Kingdom would modify its Coronavirus Business Interruption Loan Scheme.

The FTSE 100 was down 0.17% at 7:46 am CET. The DAX dropped 0.25%, while the CAC 40 lost 0.27%.

The euro fell 0.13% against the dollar to $1.09496 at 7:33 am CET, while the pound rose 0.33% to $1.24056 at the same time.

Breaking the News / MD