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5/5, 7:28 AM (Source: TeleTrader)
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Europe rises premarket with data in focus

Major stock market indexes in Europe rose in premarket trading on Wednesday as investors awaited a slew of economic data, including PMI and producer prices figures from the Eurozone. On the earnings front, Stellantis is among companies set to report quarterly results.

The FTSE 100 gained 0.36% at 7:24 am CET, the DAX climbed 0.52% at the same time and the CAC 40 increased by 0.56% at 7:22 am CET.

The euro was flat against the dollar, selling for 1.20179 at 7:25 am CET, while the pound added 0.11% against the US currency to go for 1.39024 at the same time.

Breaking the News / NP