European stock indexes are set to open higher on Wednesday's premarket operations as market participants have the attention placed on the preliminary purchasing managers' index (PMI) data from the eurozone in January that will be published during the morning. Marketers will also receive PMI reports from Germany and the United Kingdom.
The DAX gained 0.11% at 8:00 am CET, the FTSE 100 rose 0.15% and the Euro Stoxx 50 advanced 0.81%, concurrently. A minute later, the CAC 40 rose 0.28%.
The euro was up by 0.13% against the dollar at 7:59 am CET, selling for $1.08642. Also, the pound gained 0.14% to go for $1.27031 at the same time.
