Europe flat in premarket amid earnings releases

Thursday, 28. October 2021 07:29

Major European stock markets were flat in premarket trade on Thursday, as investors mulled earnings reports from Unicredit and Airbus ahead of reports from Volkswagen, Shell, Stellantis and others. German unemployment and inflation data are due later in the day, as well as an interest rate decision from the European Central Bank.

Meanwhile, Vladimir Putin instructed Gazprom to raise Europe's gas supply and the United Kingdom is considering scrapping the travel red list and hotel quarantine ahead of the COP26 climate summit.

The DAX and FTSE 100 were both 0.02% in the green at 7:19 am CET. The CAC 40 was down 0.02% at 7:47 am CET. The euro and British pound were also both flat against the greenback at 7:20am, changing hands for 1.16043 and 1.37607 respectively.

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Breaking the News / IB