Major European stock indexes traded higher in the premarket on Wednesday as a fresh batch of earnings marked the morning, with BNP Paribas, Lufthansa and UniCredit all releasing their quarterly results. On the data front, inflation in the euro area ran at 7% in April, a figure only slightly higher compared to March. Today, investors will be turning to Eurozone's unemployment rate report.
The DAX added 0.07% at 8:01 am CET, while the CAC 40 rose 0.22% and the FTSE 100 increased 0.11%. The Euro Stoxx 50 grew 0.34% simultaneously. The euro was 0.16% above the dollar at 7:59 am CET, selling for 1.10188. The pound was up 0.19% against the greenback and went for 1.24900 concurrently.
