1/31, 7:32 AM (Source: TeleTrader)
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Europe lower premarket ahead of Eurozone GDP

Major stock exchanges in Europe traded lower in the premarket on Tuesday with another data-packed day ahead. Investors will be looking out for reports on the euro area gross domestic product (GDP), alongside the United Kingdom housing prices, and German unemployment change and retail sales.

In other news, UniCredit and UBS both posted their quarterly fiscal reports, while Spotify will follow suit and release its earnings at noon.

The DAX slipped 0.44% at 7:30 am CET, while the FTSE 100 and the CAC 40 both declined 0.33% at the same time. The Euro Stoxx 50 fell 0.46% concurrently. Both the euro and the pound stood flat against the dollar at 7:32 am CET, selling for 1.08415 and 1.23447 respectively.

Baha Breaking News (BBN) / AY