Europe lower in premarket after earnings

Thursday, 06. August 2020 07:42

Shares on major European stock markets were lower in premarket on Thursday after several companies from the continent, including Credit Agricole, Siemens, Lufthansa, ING, Unicredit and AXA released their quarterly reports. Also, the Bank of England will announce its interest rate decision before the start of trading sessions in Europe.

The DAX lost 0.31% at 7:40 am CET, while London's FTSE 100 decreased by 0.64% at the same time.

The euro was 0.16% higher compared to the dollar at 7:41 am CET, trading for 1.18822. The British pound advanced 0.10% against the American currency, going for 1.31270 concurrently.

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Breaking the News / MS