Europe starts trading slightly higher ahead of UK data

Tuesday, 04. May 2021 09:02

Shares on the major European stock market indexes traded with modest gains at the opening bell on Tuesday as the investors awaited data regarding the manufacturing sector activity in the United Kingdom, as well as the mortgage approvals in the country.

The investors will also keep an eye on the spat between Russia and the European Union after Brussels summoned Moscow's ambassador to the EU.

The DAX advanced by 0.10% as the session started with BASF SE increasing 0.75% at 9:02 am CET. The CAC 40 was up by 0.18% at the opening bell as ArcelorMittal rose 1.36%. The FTSE 100 gained 0.30% at the open with Lloyds Banking Group leading the gains with a 3.63% jump. The euro slid 0.27% versus the dollar, selling for 1.20302 at 9:04 am CET, while the pound surrendered 0.25% to the greenback, to go for 1.38724 at the same time.

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