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5/12, 8:02 AM (Source: TeleTrader)
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European shares lower premarket amid earnings, data

European shares moved lower during premarket trading on Wednesday as investors digested a fresh batch of corporate earnings and economic data reports.

Allianz, Bayer, and RWE were among the companies to report their results before the open of equity markets across Europe. Meanwhile, Germany's consumer prices along with the United Kingdom's GDP, trade balance and industrial production figures were just released.

The DAX fell 0.48% at 8:02 am CET, while the CAC 40 lost 0.73%. At the same time, the FTSE 100 was down 0.51%.

Breaking the News / JC