Major stock markets in Europe opened higher on Friday, rebounding from yesterday's losses, as investors digested recent reports on Germany's producer prices and the United Kingdom's retail sales. The focus also remained on the tensions between Israel and Iran, with United States President Donald Trump set to decide whether Washington will be directly involved in the conflict within the next two weeks.
Germany's DAX rose by 0.64% at the opening bell, with Infineon Tech up by 1.20% at 9:00 am CET, while the UK's FTSE 100 increased by 0.37% at the same time, as Howden Joinery Group added 2.34% at 9:01 am CET. France's CAC 40 grew by 0.58% at the open, with STMicroelectronics jumping by 1.50% at 9:01 am CET, and the pan-European Euro Stoxx 50 advanced by 0.60%, with Infineon Tech climbing by 1.38% at 9:02 am CET.
The euro gained 0.18% against the dollar and sold for $1.15150 at 8:58 am CET. Meanwhile, the British pound was flat compared to the dollar at 8:59 am CET, selling for $1.34686.
