Europe mostly up premarket ahead of CPI reports - Breaking The News
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Europe mostly up premarket ahead of CPI reports

EPA-EFE/OMER MESSINGER

Major European stock indexes traded mostly higher in the premarket on Friday with another data-packed day up ahead. While Germany and France will be sharing consumer price digits for January, German and Swiss retail sales, the United Kingdom's house prices, and Italy's producer prices are also on the agenda. Yesterday, the European Central Bank (ECB) lowered its interest rates by a quarter of a percentage point.

The DAX rose 0.09% at 8:01 am CET. At the same time, the Euro Stoxx 50 added 0.13%, the CAC 40 increased 0.11 %, and the FTSE 100 fell 0.10%.

At 7:59 am CET, the euro lost 0.13% against the dollar, going for 1.03930. Concurrently, the pound stood flat against the greenback, changing hands for 1.24300.

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