Europe falls premarket ahead of earnings

Thursday, 10. November 2022 07:03

European stocks declined in premarket trading on Thursday as investors awaited an array of corporate earnings, including reports from AstraZeneca and ArcelorMittal, as well as the latest inflation report from the United States due for release later in the day. Elsewhere, the US midterm election remained in focus with the final outcome for both chambers of Congress yet to be decided.

The FTSE 100 fell 0.48% at 6:57 am CET, the DAX lost 0.45% and the CAC 40 was down 0.48% at the same time.

The euro added 0.25% against the dollar to sell for 1.00357 at 7:02 am CET and the pound gained 0.52% compared to the greenback to go for 1.14092 at the same time.

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Author:
Baha Breaking News (BBN) / NP