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4/28, 8:02 AM (Source: TeleTrader)
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Europe mostly up premarket ahead of earnings, data

Major stock markets in Europe traded mostly higher in the premarket session on Wednesday, as investors wait for today's batch of quarterly corporate earnings and data reports. Deutsche Bank reported their highest quarterly profit since 2014, with pharmaceutical company Sanofi reporting its first-quarter earnings per share dropped compared to last year. Traders will also be looking at consumer confidence in Germany for April, as the country's leaders were optimistic about the trajectory of the pandemic and economic growth.

The DAX was ahead by 0.16% at 7:59 am CET, while the FTSE 100 traded higher 0.11% at the same time. The CAC 40 was flat at 8:01 am CET.

The euro decreased 0.15% against the dollar trading for 1.20734 at 7:41 am CET, with the pound also declining 0.20% going for 1.38862 concurrently.

Breaking the News / OL