Europe lower in premarket ahead of BoE decision

Thursday, 17. September 2020 07:37

Major European stock markets declined in premarket trade on Thursday ahead of the release of important economic data that include the Eurozone's inflation report, construction output, as well as the monetary policy decision of the Bank of England on the interest rate. A day earlier, the United States Federal Reserve decided to keep interest rates unchanged at 0.00-0.25%.

The DAX lost 1.07% at 7:32 am CET. The FTSE 100 dropped 0.63% a minute later. The CAC 40 plummeted 1.11% at 8:01 am CET.

The euro lost 0.42% against the dollar to sell for $1.17668 at 7:35 am CET and pound sterling slipped 0.29% against the greenback to change hands for $1.29289 at 7:36 am CET.

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