Major European stock markets opened mostly higher on Tuesday following the latest economic data releases. Switzerland reported a trade surplus of 4.1 billion Swiss francs for July, while German producer prices fell by 0.8% in the same month. Meanwhile, the Eurozone's July inflation is expected to come in at 2.6%, with the official figures set to be published during the morning and market participants closely attentive to them.
The German Dax gained 0.25% as Infineon Tech.AG SE went 1.22% up. The Euro Stoxx 50 increased 1.37% with ASML Holding advancing 1.37%. The French CAC 40 jumped 0.10% as Safran gained 1.02% within both indexes. The British FTSE 100 traded 0.21% lower with Bt Group PLC declining 3.40%.
The euro and the British pound both traded flat against the dollar at 8:58 am CET, selling for $1.10807 and $1.29943, respectively.
