Europe higher premarket ahead of PMI data - Breaking The News

Europe higher premarket ahead of PMI data

1 December

1 min read

EPA-EFE/FACUNDO ARRIZABALAGA

Major European stock indexes traded higher on Friday during the premarket session in anticipation of the German, United Kingdom, and Eurozone PMI manufacturing data that will be released in the coming hours. In addition, UK housing prices will be revealed today as well.

The DAX added 0.13% at 8:00 am CET. The CAC 40 improved by 0.19%, and the pan-European Euro Stoxx 50 rose by 0.40% at the same time. The FTSE 100 increased 0.37%.

The euro traded 0.22% higher compared to the dollar at 7:58 am CET, going for $1.09095. The British pound gained 0.13% against the greenback to sell for $1.26401.

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