Major stock indexes in Europe opened the Wednesday session with losses as traders braced for economic data. On the agenda, today, are composite PMI reports for Germany, the United Kingdom and the Eurozone, alongside the latter's producer prices. Meanwhile, the attention will also be on the Federal Reserve's minutes.
The DAX fell 0.70% at the opening bell, with Zalando down 1.54% at 9:03 am CET. The FTSE 100 declined 0.34% at 9:00 am CET, with Anglo American down 1.89% a minute later. At the open, the CAC 40 decreased 0.56%, as Capgemini slipped 1.36% at 9:01 am CET. The Euro Stoxx 50 started the session with a 0.60% loss, as Vonovia tumbled 2.48% at 9:02 am CET.
The euro traded flat against the dollar at 8:59 am CET, selling for 1.08847. The pound was 0.08% lower against the greenback to go for 1.27058 concurrently.