Europe rises premarket as earnings come in

Wednesday, 29. April 2020 07:31

European stocks were higher in premarket trade on Wednesday after Airbus, Standard Chartered, Deutsche Bank and Daimler all posted their quarterly results before the bell. Meanwhile, investors continued to digest the coronavirus situation in Europe as countries prepare to remove lockdowns amid declining new cases figures.

Germany's DAX gained 0.48% at 7:27 am CET. The FTSE 100 increased 0.52% at 7:28 am CET and the CAC 40 was 0.55% in the green at 7:11 am CET.

The euro was 0.32% higher compared to the dollar, going for 1.08529 at 7:29 am CET. Meanwhile, the pound rose 0.42% to 1.24750 against the greenback at the same time.

Related Links: 
Breaking the News / VP