7/26, 7:41 AM (Source: TeleTrader)
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Europe lower premarket as earnings season continues

Major European stock indexes traded below the flatline premarket on Monday with today's batch of corporate earnings and economic data in focus. Philips N.V. reported its revenue rose 6% per annum to €4.23 billion.

The FTSE 100 was down 0.46% at 7:40 am CET, while the DAX dropped 0.60%. The CAC 40 lost 0.47%.

Both the euro and the pound were flat against the greenback at 7:38 am CET, changing hands for $1.17804 and $1.37538 respectively.

Breaking the News / MD