European Markets Show Positive Trend in Premarket

As the new week begins, major European stock futures are trading mostly higher, with investors keenly awaiting the latest earnings reports from the United States and upcoming data releases from Europe. However, the ongoing trade tensions are casting a shadow of caution over the market sentiment.

Key Indices Performance

At 8:02 am CET, the DAX saw a modest gain of 0.22%, while the FTSE 100 advanced by 0.19%. Shortly after, at 8:03 am CET, the CAC 40 added 0.12%, contrasting with the Euro Stoxx 50, which dipped by 0.31%.

Currency Movements

In the currency markets, the euro strengthened by 0.34% against the dollar, trading at 1.13366 at 7:58 am CET. Similarly, the pound gained 0.18% against the US dollar, reaching 1.32955.