European stocks rise in premarket ahead of CPI data

Donnerstag, 20. Januar 2022 07:20

Major stock market indices in Europe rose in the premarket on Thursday, as the investors digested yesterday's inflation figures issued by statistical offices of the United Kingdom and Germany.

Germany will also release a report on producer prices before the open, while euro area's consumer price index reading is scheduled for release two hours into the session.

Germany's DAX increased 0.09% at 7:00 am CET, while FTSE 100 went up by 0.39% at the same time. In Paris, the CAC 40 concurrently added 0.16%. The euro was flat versus the dollar at 7:19 am CET, selling for 1.13510, while the pound rose 0.07% compared to the greenback a minute later, changing hands at 1.36280.

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