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2/11, 8:00 AM (Source: TeleTrader)
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Europe higher premarket ahead of UK data

European shares traded higher in the premarket on Tuesday ahead of the United Kingdom economic data reports which will be published later in the day. Previously, UK's Cabinet Office Minister Michael Gove said that obligatory border checks will be introduced from 2021 for almost all domestic companies that export goods to the European Union. German automotive corporation Daimler AG reported that its revenue increased 3% year-on-year to reach €172.7 billion.

The FTSE 100 grew 0.65% at 7:59 am CET, while the DAX increased by 0.84% at the same time. The CAC 40 rose 0.50% at 8:00 am CET.

Both the euro and the pound traded flat against the dollar to sell for $1.09098 and $1.29173, respectively, at 7:49 am CET.

Breaking the News / ND