Equities in Europe traded higher in the premarket on Thursday in anticipation of the reveal of the European Central Bank's (ECB) newest monetary policy decision, to be followed by the institution and its President Christine Lagarde's speeches.
Earlier, the United States Federal Reserve stated in its Beige Book that the economic activity in that country in August remained unchanged on a monthly level, or "on balance."
The DAX advanced by 0.84% at 7:40 am CET. At the same time, the FTSE 100 rose by 0.42%. The CAC 40 went up by 0.86%. The euro lost 0.08% to the dollar at 7:48 am CET to sell for $0.99973. A minute later, the pound sterling fell by 0.18% against the greenback to change hands for $1.15128.
