Europe mixed premarket amid earnings, Fed update

Wednesday, 28. July 2021 08:01

Shares on major European stock markets were mixed during premarket trading on Wednesday with corporate earnings season and the Federal Reserve's upcoming monetary policy statement in focus.

Earlier, Deutsche Bank posted a higher-than-expected profit for the second quarter of 2021 and raised its revenue target for next year. Meanwhile, the Fed was set to announce its latest policy decision with investors gearing up for possible hints on when the central bank might start tapering its asset purchases.

The DAX rose 0.22% at 8:00 am CET. In Paris, the CAC 40 declined 0.11% at the time . Finally, the FTSE 100 was flat.

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Breaking the News / JC