Major stock equities in Europe traded higher during Friday's premarket hours as investors awaited key business activity reports for the manufacturing and services sectors in the region's major economies, including Germany, France, and the United Kingdom.
In Davos, International Monetary Fund Managing Director Kristalina Georgieva and European Central Bank President Christine Lagarde are expected to discuss the global economic outlook later today.
London's FTSE 100 went up by 0.15%. The CAC 40 grew 0.10%. The Euro Stoxx 50 advanced 0.08%. Frankfurt's DAX rose 0.11%.
The euro added 0.39% against the dollar, selling for 1.04590. The pound sterling gained 0.37% versus the greenback, trading at 1.23985.
