Europe in the green premarket, trade, data in focus

Wednesday, 15. May 2019 08:56

European stocks traded in the green during the premarket trade on Wednesday as investors became less concerned about the trade tensions between the United States and China. Meanwhile, market watchers focused on the economic data due for release during the day while also digesting German GDP release. The earnings season continued with RWE and Credit Agricole reporting their corporate results before the bell.

The DAX was up 0.29% while the CAC gained 0.15% and the FTSE 100 increased 0.30% just before the opening bell.

The euro was 0.02% higher against the US dollar to go for 1.1208 at 8:58 am CET.

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