11/27/2019, 7:30 AM (Source: TeleTrader)
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European stocks rise in premarket ahead of data

European stocks increased their gains in premarket trade on Wednesday ahead of the publication of the latest import price index report from Germany. Additionally, focus remained on the United Kingdom ahead of the country's general election on December 12 after the European Union's head Brexit negotiator Michel Barnier promised he would reach a trade deal with the UK by late 2020.

The DAX rose 0.21% at 7:27 am CET while the FTSE 100 increased 0.22% at the same time. The CAC 40 gained 0.20% at 7:24 am CET.

The euro lost 0.14% against the dollar, trading for 1.00094 at 7:29 am CET.

Breaking the News / VP