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11/22/2017, 9:03 AM (Source: TeleTrader)
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Europe opens higher ahead of UK budget

European stock markets started trade above the flatline on Wednesday with investors awaiting the latest United Kingdom budget which is due to be presented later today. Traders are also digesting corporate earnings data from Thomas Cook, United Utilities and Sage.

German DAX rose 0.15% at 9:09 am CET as Basf was leading the gains by increasing around 1.23%. RWE and Beiersdorf were 1.2% and 0.35% higher, respectively. 

In France, the CAC 40 grew 0.13% at 9:09 am CET with Danone being the best performer as the company's shares increased 0.84%.

London FTSE 100 advanced 0.24% at 9:09 am CET. Reckitt Benckiser jumped over 2%. 

The euro added 0.26% against the dollar, buying 1.1768 at 9:13 am CET. At the same time, the pound increased 0.12% against the greenback and changed hands for 1.3249.

Breaking the News / DN