6/14, 8:02 AM (Source: TeleTrader)
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Europe higher premarket after G7 summit

Major European stock markets posted gains on Monday following the 47th G7 summit during which member states agreed to reduce gas emissions to zero by the middle of the century. At the same time, the G7 condemned Russia's and China's human rights and trade policies.

Meanwhile, multiple reports over the weekend claimed the British government will delay fully lifting coronavirus-related restrictions in England by up to one month. The tensions between London and Brussels regarding the Northern Ireland Protocol continued, with Prime Minister Boris Johnson warning his government could suspend the deal if the European Union continues to apply it "in this way."

The DAX rose 0.10% at 8:01 am CET, while the FTSE 100 climbed 0.25%. The CAC 40 advanced 0.26%. Both the euro and the pound stood slightly in the red against the dollar to sell for 1.21044 and 1.41125, respectively.

Breaking the News / ND