Europe higher premarket with focus on data, ECB - Breaking The News
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Europe higher premarket with focus on data, ECB

EPA-EFE/ANDY RAIN

European indexes rose in premarket trading on Wednesday as investors awaited data reports from across the continent, including Italian inflation figures and continued to focus on the European Central Bank's (ECB) forum on central banking in Sintra, where the bank's head Christine Lagarde said on Tuesday that it is unlikely the ECB will say "in the near future" that the interest rate peak has been reached.

The Euro Stoxx 50 climbed 0.45% at 7:37 am CET, the DAX increased 0.37%, the CAC 40 added 0.38% and the FTSE 100 traded 0.31% higher at the same time.

The euro lost 0.07% against the dollar to go for 1.09529 at 7:39 am CET and the pound declined 0.16% compared to the greenback to sell for 1.27307 at the same time.

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