7/20, 7:43 AM (Source: TeleTrader)
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Europe higher premarket with earnings in focus

European stocks rose in premarket trading on Tuesday after suffering sharp losses in the previous session amid fresh coronavirus fears. Investors focused on corporate earnings as UBS reported a 63% jump in its second-quarter net profit.

The FTSE 100 added 0.15% at 7:40 am CET, the DAX was up 0.16% at the same time and the CAC 40 rose 0.11% at 7:38 am CET.

The euro lost 0.15% against the dollar to sell for 1.17811 at 7:42 am CET and the pound lost 0.10% compared to the greenback to go for 1.36609 at the same time.

Breaking the News / NP