Major stock market indexes in Europe traded lower during Monday's premarket as investors awaited European Central Bank President Christine Lagarde's speech before a European Parliament panel scheduled for this afternoon. The German Ifo Institute is also expected to unveil its latest business climate report on Monday morning.
The DAX decreased by 0.19% at 8:00 am CET. At the same time, the FTSE 100 declined by 0.29%. The Eurostoxx 50 dropped by 0.31%. The CAC 40 lost 0.28% at 8:06 am CET.
The euro traded flat versus the dollar at 7:58 am CET to sell for $1.06437. At the same time, the pound sterling was also flat against the greenback to sell for $1.22373.
