11/27/2023, 8:01 AM (Source: TeleTrader)
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Europe lower premarket with all eyes on Middle East

Major European indexes traded lower on Monday during the premarket session as investors closely monitored the latest developments of the Middle East crisis. During the weekend, two additional groups of captives were swapped between Israel and Hamas. Furthermore, the two parties involved in the Gaza conflict signaled that they would be willing to consider extending the ceasefire.

The DAX lost 0.16% at 8:00 am CET, while the FTSE 100 declined 0.27%, and the pan-European Euro Stoxx 50 went down 0.12%. The CAC 40 decreased 0.12% at 8:01 am CET.

The euro and the British pound were flat against the dollar at 7:58 am CET, selling for $1.09484 and $1.26170 respectively.

Baha Breaking News (BBN) / JJ