Major stock exchanges in Europe opened higher on Thursday with all eyes on inflation data and reports on the business activity in the euro area, Germany, and the United Kingdom all set to be published respectively.
Consumer prices in France grew by 3.7% on an annual basis in December, rising less than analysts expected for the reported month. In the coming hours, data on the German inflation rate will be released.
The Euro Stoxx 50 climbed 0.15% as TotalEnergies SE increased 1.10%. The CAC 40 was up 0.11% with Alstom SE jumping 2.37%. The DAX grew 0.14% as Bayer AG advanced 1.12%. The FTSE 100 rose 0.38% with Next plc surging 4.70%.
The euro gained 0.15% versus the dollar, selling at 1.09349 at 8:57 am CET. The pound sterling added 0.19% against the greenback, changing hands to 1.26882.
