Equities in Europe traded in Monday's premarket in anticipation of the newest reports on inflation in Germany and mortgage approvals, both seen as indicators for the European Central Bank (ECB) and Bank of England's (BoE) future monetary policy decisions. Germany will also post its latest retail sales numbers.
The DAX declined by 0.83% at 8:00 am CET. The FTSE 100 decreased by 0.61%. The CAC 40 lost 0.57%%. The Euro Stoxx 50 dropped by 1.03%.
The euro stood flat against the United States dollar at 7:58 am CET to sell for $1.08342. Simultaneously, the pound sterling rose by 0.12% against the greenback to change hands for $1.29565.
