6/10, 8:01 AM (Source: TeleTrader)
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Europe higher premarket ahead of ECB decision

Major stock exchanges in Europe were higher in premarket trade on Thursday as investors prepared for the European Central Bank's decision on the Eurozone interest rates, set to be announced later in the day. In addition, traders will also monitor the upcoming inflation figures in the United States and their effect on European markets. The United Kingdom's market regulator will reportedly investigate Amazon's business practices on antitrust grounds.

The DAX advanced 0.15%, London's FTSE 100 increased by 0.30% and the CAC 40 gained 0.16% at 8:00 am CET.

The euro was 0.12% lower compared to the dollar at 7:58 am CET, trading at 1.21654. The British pound lost 0.07% against the American currency, going for 1.41104 concurrently.

Breaking the News / MS