7/23, 8:00 AM (Source: TeleTrader)
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Europe higher in premarket ahead of data

Equities in Europe traded higher in the premarket on Friday ahead of several data reports that are to be released during the day. The United Kingdom will reveal its latest performance in retail sales and manufacturing in services. The Eurozone and Germany will unveil their freshest results in the latter category.

Earlier, Britain observed the highest rise in consumer confidence since the start of the COVID-19 pandemic in early 2020.

The DAX traded 0.20% higher at 8:00 am CET. At the same time, the FTSE 100 increased by 0.18%, and the CAC 40 gained 0.17%. Both the euro and the pound sterling lost 0.06% to the dollar, selling for $1.17642 and $1.37607, respectively, at 7:59 am CET.

Breaking the News / JR