TELETRADER News
4/20, 9:01 AM (Source: TeleTrader)
more TeleTrader news

Europe opens muted despite positive data reports

Major European stock markets opened flat on Tuesday, as positive data reports showcased an optimistic outlook in the fight against the pandemic. Germany's producer prices rose 3.7% annually in March, a 0.9% increase when compared to February. Meanwhile, the unemployment rate in the United Kingdom was down to 4.9% in February, beating market expectations.

The FTSE 100 was flat at the opening bell, with Imperial Brand PLC falling 5% a minute later. The CAC 40 and the DAX opened flat as well. Vinci was down 3.40% on the CAC 40 at 9:02 am CET, while Infineon Tech AG had the biggest drop on the DAX of 0.63% at 9:03 am CET.

The euro was 0.26% up going for 1.20692 against the dollar at 9:04 am CET, with the pound gaining 0.15% on the American currency trading for 1.40073 at the same time.

Breaking the News / OL