Europe mostly higher premarket ahead of Biden inauguration

Wednesday, 20. January 2021 07:36

Shares on major European markets were mostly higher during premarket trading on Wednesday ahead of the inauguration of Joe Biden.

Biden's scaled-back swearing-in ceremony in front of the Capitol will take place amid heightened security in DC with 25,000 National Guard troops called on to protect the event. Meanwhile, outgoing President Donald Trump will hold his own farewell ceremony at Joint Base Andrews.

The DAX was up 0.08% at 7:35 am CET, while the FTSE 100 gained 0.32%. The CAC 40 was flat. The euro advanced 0.18% against the dollar at the same time, buying 1.21487.

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Breaking the News / JC