Europe up in premarket with data in focus

Friday, 22. October 2021 07:30

European stocks rose in premarket trading on Friday as investors digested news that several European countries reached a deal with the United States on Digital Services Taxes (DSTs) and awaited preliminary PMI data from the European Union and the United Kingdom due later in the day.

The FTSE 100 added 0.29% at 7:28 am CET, the DAX rose 0.30% at the same time and the CAC 40 climbed 0.57% at 7:22 am CET.

The euro was flat against the dollar, going for 1.16269 at 7:29 am CET and the pound gained 0.05% compared to the greenback to sell for 1.38004 at the same time.

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Breaking the News / NP