Europe up in premarket ahead of Germany's trade data

Wednesday, 09. February 2022 08:01

Equities in Europe traded higher in the premarket on Wednesday ahead of the newest report on Germany's trade balance. GlaxoSmithKline PLC (GSK) is also expected to post its latest financial results. Meanwhile, in the field of politics, France, Germany, and Poland promised to work together to avoid a war between Russia and Ukraine and de-escalate tensions between the two countries diplomatically.

The DAX advanced by 0.78% at 8:00 am CET. At the same time, the FTSE 100 rose by 0.72%. The CAC 40 grew by 0.76%.

Both the euro and the pound sterling stood flat against the dollar at 8:01 am CET, selling for $1.14187 and $1.35548, respectively.

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