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4/17, 8:55 AM (Source: TeleTrader)
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Europe trades mixed premarket ahead of data

Stocks in Europe remained mixed in premarket trading on Wednesday shortly before the opening bell, as investors focus on economic data set for release later in the day and digest better-than-expected figures from China. Gross domestic product (GDP) in the world's second-largest economy was 6.4% higher annually in the first quarter of this year, according to the country's National Bureau of Statistics. Retail sales and industrial production have both surged in March.

Producer and consumer price indices from the United Kingdom are coming during the session, as well as European Union's trade balance statistics.

The DAX added only 0.07%, while the CAC 40 was flat in premarket trade. The FTSE 100 slid 0.10%.

The euro increased 0.22% against the dollar at 8:55 am CET, to go for $1.13060, while the pound was flat against the greenback, buying $1.30542 at the same time.

Breaking the News / NI