3/26, 8:56 AM (Source: TeleTrader)
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Europe slightly higher in premarket amid Brexit concerns

European markets were slightly higher during premarket trading in major cities across the continent on Tuesday as investors remained cautious amid growing fears of global recession and looming concerns over the outcome of Britain's withdrawal from the European Union. Previously, in the Asia-Pacific session, mainland China stocks saw losses while the Japanese benchmark index Nikkei 225 reversed Monday's losses. On the Brexit front, United Kingdom Parliament took over control of the process, when MPs voted in favor of the Letwin amendment.

The FTSE 100 was 0.21% higher during premarket at 8:54 am CET, while the German DAX was up 0.27%. The CAC 40 increased 0.24% at 8:55 am CET.

The euro was virtually flat against the greenback to go for 1.1314 at 8:56 am cET.

Breaking the News / BM