10/6/2022, 9:02 AM (Source: TeleTrader)
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Europe opens higher with data in focus

European markets opened in the green on Thursday, rebounding from the previous day's sharp losses, as investors focused on economic data. Before the bell, a report from Destatis showed Germany's factory orders fell 2.4% in August, while Eurozone retail sales and United Kingdom construction PMI figures are scheduled for release later in the day.

The FTSE 100 increased 0.19% at 9:00 am CET. Imperial Brands, whose stock jumped 3.22%, led the gains.

The DAX climbed 0.62% at 9:02 am CET. The best performer was Zalando, up 2.91%.

The CAC 40 rose 0.24% at 9:01 am CET with Alstom adding 2.16%.

The euro was up 0.16% compared to the dollar, going for 0.98973 at 9:01 am CET and the pound traded flat against the greenback, selling for 1.13260 at the same time.

Baha Breaking News (BBN) / NP