2/1, 9:02 AM (Source: TeleTrader)
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Europe opens mostly higher, focus on c. banks, data

Major stock indexes in Europe traded mostly higher at the open on Wednesday, ahead of monetary policy steps. The Federal Reserve will deliver its interest rate decision today, followed by the Bank of England and the European Central Bank's moves on Thursday. Meanwhile, numerous economic data reports are on the agenda, the most prominent being the Eurozone inflation.

The DAX was flat at the open. The FTSE 100 gained 0.14% at the opening bell, with Standard Chartered rising 2.12% at 9:02 am CET. The CAC 40 added 0.08% at 9:00 am CET, as Teleperformance was up 1.53% a minute later. The Euro Stoxx 50 increased 0.13% at the beginning of the session, with Stellantis jumping 3.50% at 9:02 am CET.

The euro traded 0.09% above the dollar at 8:59 am CET, selling for 1.08819. The pound lost 0.07% against the greenback to go for 1.23198 concurrently.

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