1/6/2023, 9:03 AM (Source: TeleTrader)
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Europe opens higher amid crucial data influx

Major European stock markets opened higher on Friday, as investors set their sight on the incoming preliminary report on inflation in the Eurozone, as well as the consumer confidence update for the region.

The day already saw the release of new data on retail sales and factory orders in Germany which both came below expectations. In the United Kingdom, the Halifax House Price Index report revealed the annual house price growth in December.

The DAX grew by 0.32% at the opening bell, as MTU Aero Engines climbed 1.36%. The FTSE 100 rose by 0.39%. The best performer was Anglo American PLC, going up 1.87%.

The CAC 40 gained 0.27%, as Renault jumped 0.87%, while the Euro Stoxx 50 advanced by 0.19%, with Safran SA rising by 2.10%.

The euro was 0.08% lower against the dollar, selling for $1.05131 at 8:59 am CET, while the pound sterling decreased by 0.15% against the greenback to go for $1.18922.

Baha Breaking News (BBN) / MX