Europe jumps in premarket ahead of ECB decision - Breaking The News

Europe jumps in premarket ahead of ECB decision

12 September

1 min read

EPA-EFE/CONSTANTIN ZINN

European indexes posted significant gains in Thursday's premarket trading as investors awaited the European Central Bank's interest rate decision, with the ECB widely expected to lower rates again after cutting them in June for the first time since 2019.

The Euro Stoxx 50 ralied 1.86% at 8:00 am CET, the CAC 40 surged 1.53%, the DAX jumped 0.84%, and the FTSE 100 increased by 0.33% at the same time.

The euro added 0.08% against the dollar to go for 1.10207 at 7:57 am CET and the pound gained 0.08% compared to the greenback to sell for 1.30535 a minute later.

european markets

Related Stocks

EuroStoxx 50

GBP/USD

baha france

baha germany

EUR/USD

baha uk

Europe closes mostly lower after Merz elected chancellor

3 hours ago

Most major European stock markets closed in the red on Tuesday as investors monitored corporate earnings and Friedrich Merz being elected as Germany's chancellor in a second-round parliamentary vote.The DAX declined by 0.41% at the closing bell, with Beiersdorf AG ON down by 4.14%. At the same time, the CAC 40 dropped by 0.37%, while the Euro Stoxx 50 decreased by 0.62% at the close, with Essilorluxottica tumbling by 2.41% on both indexes. The FTSE...

DAX drops 200 pts after Merz fails chancellorship vote

11 hours ago

Germany's DAX index fell by more than 200 points on Tuesday after Christian Democratic Union leader Friedrich Merz failed to secure enough parliamentary votes to be confirmed as chancellor. The Bundestag has 14 days to elect Merz or another candidate as Germany's next chancellor.At 10:17 am CET, the CAC 40 dropped by 0.50%, while the FTSE 100 remained unchanged. Simultaneously, the Euro Stoxx 50 decreased by 0.51%. Germany's DAX fell by 202 points,...

Europe opens higher amid incoming earnings

12 hours ago

European stock markets opened higher on Tuesday, with traders weighing major corporate earnings and anticipating key data reports. The developments in global trade talks are also affecting investor sentiment.At 9:02 am CET, the CAC 40 gained 0.17%, helped by TotalEnergies SE by 1.19%. The FTSE 100 went up 1.17%, as Bunzl PLC added 2.86%. At the same time, the Euro Stoxx 50 increased by 0.18%, while BAY.MOTOREN WERKE AG marked a 1.39% gain....

Europe set to open mostly higher on earnings, data focus

13 hours ago

European markets are expected to open mostly higher Tuesday, with investors turning their attention to earnings from major firms including Ferrari, Hugo Boss, Philips, Continental, and Uniper. The session also brings a series of economic releases, including French industrial output, Spanish and Swiss unemployment change, Eurozone and German services PMIs, UK services PMI, and eurozone producer price index.The DAX increased 0.13%, the British...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.