Major European stock indexes were lower in the premarket session on Tuesday as investors awaited data reports on the economic sentiment indicator in the euro area and Germany that are due to be released today.
Previously, the European Commission Executive Vice-President Valdis Dombrovskis warned that the bloc's economic growth forecast would be revised downward due to rising inflation in the region.
The DAX was down by 0.71% at 6:50 am CET. The FTSE 100 and the CAC 40 plunged by 0.58% and 0.70% respectively at the same time. The euro lost 0.33% against the dollar, going for $1.00099 at 7:17 am CET. The pound was 0.27% lower against the greenback, to change hands for $1.18598 a minute later.
