6/23, 9:01 AM (Source: TeleTrader)
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Europe kicks off higher ahead of PMI data

Major European stock markets opened in the green territory on Wednesday prior to the release of services and manufacturing PMI reports by IHS Market. Market analysts are expecting a positive change in Germany and in the Eurozone, with the data for the United Kingdom set to land slightly under the last results.

The DAX rose 0.13% at the opening bell, with Covestro AG climbing 0.90%. The FTSE 100 gained 0.17%, as Bhp Group soared 2.83%. The CAC 40 advanced 0.08%. Pernod Ricard was the top performer, surging 3.89%.

The euro lost 0.13% against the dollar to trade for 1.19252, while the pound increased by 0.08% to sell for $1.39607 at 9:03 am CET.

Breaking the News / ND