Europe opens higher prior to industrial production data

Wednesday, 14. April 2021 09:03

Major stock markets in Europe opened higher on Wednesday as investors awaited the latest economic data on industrial production in the Eurozone. EasyJet estimated that "slightly better" results should be expected for the airline in the first half of 2021. Meanwhile, it was reported that the European Union will not be looking to extend coronavirus vaccine supply contracts with Johnson & Johnson and AstraZeneca beyond 2021.

The DAX added 0.12% at 9:02 am CET with SAP advancing 2.71% and leading the gains at 9:05 am CET. London's FTSE 100 was 0.07% higher at 9:01 am CET as Glencore rose by 1.81% at the same time. The CAC 40 gained 0.52% at 9:01 am CET with LVMH growing 2.96% at 9:02 am CET.

The euro was 0.15% up compared to the dollar at 9:06 am CET, trading for 1.19658. The British pound increased by 0.30% against the American currency, going for 1.37930 a minute later.

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Breaking the News / MS