Europe lower premarket as earnings pour in

Thursday, 13. February 2020 07:38

European stock market indices were in the red on Thursday before the bell as a string of European companies were reporting the latest financial figures. Thyssenkrupp expectedly posted downbeat earnings for its latest quarter, as well as Airbus and Commerzbank, while Credit Suisse EPS jumped by 230% annually. Nestle earned almost 30% more per share in 2019.

Investors were also awaiting the latest data on German consumer inflation, scheduled for release before markets open.

The DAX decreased 0.23% at 7:35 am CET, while the FTSE 100 traded 0.31% in the negative. The CAC 40 dipped 0.28% at 8:05 am CET.

The euro was flat compared to the dollar at 7:36 am CET, buying $1.08720, as the pound slipped 0.06% on the greenback, going for $1.29502.

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