Europe opens mostly higher ahead of consumer data

Friday, 16. April 2021 09:02

Major European stock markets opened mostly higher on Friday, as traders wait for new data reports for March. The European Union Consumer Price Index and the Trade Balance are due to be released later in the day for the previous months. Additionally, investors will be looking at how the newly announced sanctions on Russia will shape the market, as the EU announces further investigations of cyberattacks on its institutions. The European Parliament committee for foreign affairs and trade also backed the Brexit trade deal with the United Kingdom.

The CAC 40 traded flat at 9:00 am CET, with ArcelorMittal SA coming out on top with a 0.94% increase at 9:01 am CET. The FTSE 100 increased by 0.11% at the opening bell, lead by Pershing Square Holding LTD which rose 1.44% at 9:02 am CET. The DAX was up 0.18% at 9:03 am CET, led by Deutsche Wohnen SE which was up 2.4% a minute later.

The pound was down by 0.4% trading for 1.37307 against the dollar at 9:06 am CET, with the euro going for 1.19698 an increase of 0.01% concurrently.

Related Links: 
Author:
Breaking the News / OL