5/30, 7:57 AM (Source: TeleTrader)
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Europe mixed premarket ahead of debt deal vote

Equities in Europe traded mixed in the premarket session on Tuesday as investors awaited the vote on the debt ceiling deal that United States President Joe Biden and House Speaker Kevin McCarthy struck over the weekend, while also gauging the economic impact of its provisions. On the data front, Switzerland is expected to reveal its gross domestic product for the first quarter of 2023, while Spain will post May inflation figures and the Eurozone will release its consumer confidence report.

The DAX and London's FTSE 100 traded flat at 7:44 am CET, while CAC 40 dropped 0.52%. At the same time, the pan-European Euro Stoxx 50 fell 0.08%. The euro decreased 0.23% against the dollar at 7:55 am CET to go for 1.06832, while the pound traded 0.20% lower than the greenback to change hands for 1.23294 concurrently.

Baha Breaking News (BBN) / MX