Major stock indexes in Europe traded mixed in premarket hours on Wednesday as investors awaited fresh PMI reports from the Eurozone, Germany and the United Kingdom, as well as the latest data on producer prices in the euro area. Additionally, market participants will closely watch political developments in France, as the French parliament is set to vote on no-confidence motions against Prime Minister Michel Barnier’s minority government.
The DAX improved by 0.24% at 8:00 am CET, and the FTSE 100 lost 0.11%. At the same time, the CAC 40 traded flat, while the Euro Stoxx 50 added 0.17%.
The euro gained 0.13% against the dollar, selling for $1.05231 at 7:58 am CET. Simultaneously, the pound was up 0.20% compared to the greenback to go for $1.226970.