European stocks open higher on data, earnings - Breaking The News

European stocks open higher on data, earnings

18 February

1 min read

EPA-EFE/FACUNDO ARRIZABALAGA

Major European stock markets opened Friday's session in the green as investors looked towards the latest economic data and corporate earnings.

Retail sales volumes in the United Kingdom rose by more than expected 1.9% last month, the latest data showed. Meanwhile, Groupe Renault and NatWest Group published their earnings results during the premarket trading.

The DAX gained 0.07% at the opening bell, while the FTSE 100 climbed 0.32%. The CAC 40 expanded by 0.12%, with Renault soaring 4.76% post-earnings. The euro inched up by 0.10% against the dollar to sell for 1.13720 at 9:00 am CET, while the pound stood flat at $1.36250.

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