Major European stock exchanges traded flat to higher at the open on Tuesday as investors braced for major economic prints, mainly Spanish and German consumer inflation, as well as gross domestic product releases for Germany and the euro area. In business, BP announced its second-quarter financial results.
The DAX was up 0.25% at the opening bell, as Siemens Energy increased 1.07% at 9:01 am CET. The Euro Stoxx 50 grew 0.37% at 9:00 am CET, with Nokia up 1.86% a minute later. At the beginning of the session, the CAC 40 added 0.25%, with Essilorluxottica gaining 1.54% at 9:02 am CET. The FTSE 100 was flat at the open.
The euro traded flat against the dollar at 8:59 am CET, selling at 1.08215. At the same time, the pound traded 0.06% below the greenback, going for 1.28539.