Major stock market indexes in Europe opened higher after the newest report on Germany's trade surplus showed a higher figure than expected. Later in the day, the Eurozone will reveal its latest results in producer prices. Earlier, it was reported the bloc is considering introducing a price cap for electricity sources other than gas.
The DAX opened 1.08% or 136 points higher as Zalando SE advanced by 2.77%. The FTSE 100 rose by 0.39%, with Smth & Nephew PLC expanding by 3.54%. The CAC 40 grew by 0.61% at 9:01 am CET as Compagnie de Saint-Gobain SA increased by 1.95%.
The euro gained 0.27% to the dollar to sell for $0.99737 at 9:00 am CET. A minute later, the pound sterling stood flat against the greenback to change hands for $1.15487.
