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8/8, 7:29 AM (Source: TeleTrader)
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Europe up premarket with global tensions in focus

Major European stocks saw gains ahead of Monday'ssession as investors observed the latest tensions between the United States and China over the last week's visit to Taiwan by House Speaker Nancy Pelosi.

On the data front, the state of the Swiss unemployment as well as investor confidence across the euro area was set to be published later today.

The FTSE 100 gained 0.34% at 7:17 am CET, while the DAX rose by 0.45% and the CAC 40 increased by 0.42%. At 7:28 am CET, the euro declined by 0.63% against the dollar to sell for 1.01827, while the pound plunged 0.68% to $1.20738.

Baha Breaking News (BBN) / ND