Europe higher premarket ahead of data

Tuesday, 16. August 2022 07:37

Major European stock market indexes traded higher in the premarket session on Tuesday ahead of data reports. Eurozone’s trade balance, alongside economic sentiment in the euro area and Germany, are scheduled to be released after the opening bell.

In other news, the conflict around the Zaporizhzhia nuclear power plant continues to raise worries, as Russian officials caution that an International Atomic Energy Agency (IAEA) visit to the site would be dangerous as Ukrainian troops are "ready to commit any provocation."

The DAX advanced 0.17% at 7:32 am CET, while the CAC 40 increased 0.28% simultaneously. The FTSE 100 rose 0.25% at the same time. Both the euro and the pound traded flat against the dollar at 7:36 am CET, selling for 1.01615 and 1.20500 respectively.

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Author:
Baha Breaking News (BBN) / AY