Europe turns to gains after Germany's CPI report - Breaking The News

Europe turns to gains after Germany's CPI report

10 August

1 min read

EPA/ARMANDO BABANI

Major stock market indexes in Europe turned to gains on Wednesday after the report on July's inflation in Germany showed no surprises and matched expectations. Meanwhile, Ukraine stated its exports of grain increased by 22.7% compared to June.

The DAX advanced by 0.30% at 10:51 am CET. At the same time, the CAC 40 rose by 0.08%. A minute later, the FTSE 100 went up by 0.08%.

The euro stood flat against the dollar at 10:52 am CET to go for $1.02207. At that minute, the pound sterling gained 0.15% over the greenback to sell for $1.20970.

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