Europe up premarket with inflation in focus - Breaking The News

Europe up premarket with inflation in focus

18 October

1 min read

EPA-EFE/TERESA SUAREZ

Major European indexes traded higher in the premarket on Wednesday as investors focused their attention on new inflation reports from the Eurozone and the United Kingdom to be released during the morning. Markets are also awaiting a fresh batch of earnings reports from several US companies, including Netflix and Tesla.

The DAX gained 0.40% at 8:00 am CET, while the FTSE 100 increased 0.16%. The CAC 40 went up 0.09% and the Eurostoxx 50 rose 0.15%.

The euro was flat against the dollar at 7:58 am CET, selling for $1.05820. The pound sterling was also flat and went for $1.21859 at the same time.

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