Major stock exchanges in Europe traded higher in the premarket on Tuesday, as traders awaited a fresh set of data due later in the day. Industrial production reports from France and Spain are set to be released later today, as well as the German composite PMI. Moreover, data on business activity and data on producer prices from the Eurozone are scheduled to be published later today. Additionally, BP plc will also announce its quarterly earnings for the fiscal 2025.
The DAX increased by 0.12% at 8:01 am CET as the CAC 40 gained 0.18%. The FTSE 100 was up by 0.32% at the same time, while the Euro Stoxx 50 advanced by 0.27%.
The euro traded 0.23% lower against the dollar, while the pound stood flat against the greenback at 7:58 am CET, going for $1.15495 and $1.32750, respectively.
