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11/10/2020, 9:06 AM (Source: TeleTrader)
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Europe opens higher amid vaccine news

Major European indexes opened in the green on Tuesday, after skyrocketing the previous day, as the market adjusts both to the releases about the COVID-19 vaccines by Pfizer and Novavax, and to the reaction of United States President Donald Trump. The daily spotlight is also focused on the 4.8% rise in the unemployment rate in the United Kingdom, in anticipation of the Centre for European Economic Research economic sentiment data for the European Union and Germany.

The DAX gained 0.20% at 9:03 am CET as Deutsche Bank moved up by 2.65% at 9:06 am CET, while the FTSE 100 advanced by 0.39% at 9:01 am CET, as Rolls-Royce Holdings jumped by 6.80% at 9:02 am CET. In Paris, the CAC 40 increased by 0.22% at 9:05 am CET with Safran climbed by 2.57% at 9:01 am CET.

The euro gained 0.09% versus the dollar, selling for 1.18222 at 9:09 am CET, while the pound sterling advanced 0.23% against the US currency, trading for 1.31914 one minute later.

Breaking the News / CG