Major stock market indexes in Europe opened mostly lower on Friday in anticipation of several economic reports, most notably the one on inflation in the Eurozone. Investors were also digesting the decisions announced by the European Central Bank (ECB) and the Bank of England (BoE) the previous days, as they both raised interest rates by another 50 basis points (bps).
The DAX stood flat at the opening. Meanwhile, the FTSE 100 lost 0.09%, with Reckitt Benckiser Group PLC going down by 1.01%. The CAC 40 decreased by 0.26% as Michelin SCA dropped by 1.62%.
The euro grew by 0.07% against the dollar at 8:58 am CET to sell for $1.06328. At the same time, the pound sterling stood flat against the greenback, going for $1.21743.
