Europe higher premarket ahead of economic data

Tuesday, 05. July 2022 07:17

European stock markets traded higher in the premarket session of Tuesday ahead of fresh economic data from Germany, the United Kingdom, and the Euro Zone on services.

Regarding the situation in Ukraine, President Volodymyr Zelensky revealed earlier that approximately 22 million tonnes of grain are stranded at Ukrainian ports. Besides, both Sweden and Finland confirmed talks on the accession to the North Atlantic Treaty Organization (NATO) were finalized yesterday.

The DAX gained 0.89% at 7:12 am CET, while the CAC 40 added 0.64%, and the FTSE 100 rose 0.51%. Meanwhile, the Spanish IBEX 35 went up by 0.57%. The euro improved by 0.20% against the dollar at 7:14 am CET, selling for $1.04429. The pound grew by 0.12% to go for $1.21187 simultaneously.

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Author:
Baha Breaking News (BBN) / JG