1/25/2023, 9:04 AM (Source: TeleTrader)
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Europe opens mixed as data pours in

European stock exchanges opened the trading session mixed on Wednesday as traders assessed incoming data. The producer inflation in Britain came down moderately at the end of the fourth quarter, according to the United Kingdom's Office for National Statistics (ONS). Investors now have their attention on the German business climate report, which will give them insight into the Europe's largest economy.

London's FTSE 100 rose 0.13%, BAE Systems Plc advanced by 2.10%. The CAC 40 gained 0.15%, with Thales Group going up by 1.51%.

The Euro Stoxx 50 and Frankfurt's DAX were flat. Both indexes dropped below the flatline minutes later, registering 0.19% and 0.07% respectively.

The euro was flat against the dollar, to sell at $1.08840 at 8:57 am CET. The pound sterling slipped 0.18% compared to the greenback, to sell at $1.23173.

Baha Breaking News (BBN) / AB