Europe higher premarket ahead of data

Tuesday, 19. October 2021 07:30

European stock exchanges were higher in premarket on Tuesday ahead of the release of the Eurozone's construction output report and Kering's third-quarter results. United Kingdom Prime Minister Boris Johnson revealed that recent foreign investment in the British economy totaled £9.7 billion as Downing Street prepares for a major business summit, while France reportedly set a November 1 deadline for the UK to expand access to its coastal waters to French fishermen or risk retaliation.

The DAX advanced 0.14% and London's FTSE 100 increased by 0.06% at 7:28 am CET. The CAC 40 climbed 0.12% at 7:08 am CET.

The euro was up 0.33% compared to the dollar at 7:30 am CET, trading for 1.16485. The British pound was also 0.33% higher against the greenback, changing hands for 1.37724 at the same time.

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Breaking the News / MS