Europe lower in premarket amid COVID uncertainty

Thursday, 21. October 2021 07:15

Equities in Europe traded lower in the premarket on Thursday amid renewed concerns about the fresh spikes in infections from COVID-19 throughout the Old Continent. The United Kingdom saw the highest level of cases registered daily in three months. Later on, British Health Secretary Sajid Javid predicted the country could soon hit the tally of 100,000 people infected on a daily basis.

Traders will also pay attention to the latest preliminary report on consumer confidence in the Eurozone, which will be released later in the day.

The DAX declined by 0.23% at 7:05 am CET. At the same time, the FTSE 100 decreased by 0.32%. The CAC 40 went down by 0.20%. Both the euro and the pound sterling stood flat against the dollar at 7:14 am CET, selling for $1.16531 and $1.38182, respectively.

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Breaking the News / JR