3/11, 9:03 AM (Source: TeleTrader)
more TeleTrader news

Europe opens mostly higher, amid inflation, GDP data

Major stock markets in Europe opened mostly higher the last session of the week, while investors received fresh economic data and remained expectant regarding the Ukraine crisis and its impact on the global economy.

Earlier, the German Federal Statistical Office (Destatis) revealed that the inflation in the country stood at 5.1%. Also, the gross domestic product (GDP) of the United Kingdom grew by 0.8% during the same month, and the trade deficit increased by £8.6 billion to £21.3 billion.

At 9:01 am CET, the DAX gained 0.34%, with Siemens Energy up by 4.69%. The CAC 40 added 0.30%, while Essilorluxottica improved by 3.14%. The FTSE 100 declined 0.51%, as Relx PLC dropped by 2.04%. The euro was flat against the dollar at 8:58 am CET, selling for $1.09814. In comparison, the pound lost 0.11% to go for $1.30700 at the same time.

Baha Breaking News (BBN) / JG