Europe starts higher after German inflation data

Tuesday, 19. January 2021 09:00

Major European stock market indexes opened higher on Tuesday, picking up on sentiment from the session in Asia. Before the opening bell data showed German inflation was in line with expectations in December.

The DAX started 0.62% in the green at 9 am CET as Bayer rose 1.5% to lead the gains at 9:01 am CET. The FTSE 100 opened 0.31% higher at 9 am CET. HSBC led the gains in London as the bank's stocks jumped 3.35% at 9:02 am CET. France CAC 40 was up by 0.54% at 9 am CET, with Thales trading 1.64% higher at 9:02 am CET.

The euro increased by 0.27% compared to the dollar to change hands for 1.21084 at 9:02 am CET while the pound gained 0.14% against the greenback to go for 1.36074 at the same time.

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Author:
Breaking the News / VP