6/22, 8:00 AM (Source: TeleTrader)
more TeleTrader news

European shares push higher in premarket

Shares on major European stock markets moved higher during the premarket session on Tuesday, shrugging off the hawkish tone set by the Federal Reserve's latest policy announcement last week.

Asian markets traded higher as well late in the session, with the Japanese benchmark Nikkei index surging over 3% following a volatile session on Monday. With little on the economic calendar, traders continued to monitor developments surrounding the coronavirus pandemic.

The DAX rose 0.29% at 8:00 am CET. At the same time, the CAC 40 climbed 0.12%, while the FTSE 100 added 0.38%.

Breaking the News / JC