Europe higher premarket as China shows strong Q1 recovery - Breaking The News

Europe higher premarket as China shows strong Q1 recovery

18 April

1 min read

EPA-EFE/MAXIMILIAN VON LACHNER

Major stock markets across Europe traded slightly higher ahead of Tuesday's session as investors digested the newest batch of economic data from China, which showed the country's speedy recovery from COVID-19 lockdowns in the first quarter. The day will also be marked by additional data from the United Kingdom and the European Union.

The FTSE 100 gained 0.18% at 7:10 am CET, while the DAX rose by 0.14%. The CAC 40 increased by 0.15%, and the Euro Stoxx 50 expanded by 0.15%. Both the euro and the pound traded slightly higher against the dollar at 7:13 am CET to sell for 1.09348 and 1.23821, respectively.

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