Europe opens higher with data in focus

Donnerstag, 20. Januar 2022 09:01

Major European markets started Thursday's session in the green as investors focused on economic data reports. Before the bell, Germany reported a 24.2% annual jump in producer prices, while Eurozone inflation figures are due for release later in the day.

The FTSE 100 rose 0.31% at 9:00 am CET. The best performer was Burberry, whose shares jumped 3.21% at 9:03 am CET.

The DAX increased by 0.23% at 9:03 am CET with Puma and Adidas both climbing more than 2%.

The CAC 40 added 0.24% at 9:00 am CET. Alstom, up 2.24%, led the gains.

The euro gained 0.20% against the dollar to go for 1.13686 at 9:06 am CET and the pound was up 0.12% compared to the US currency, selling for 1.36352 at the same time.

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