European Markets Eye Positive Open

Investors are turning their attention to a busy day ahead, with earnings reports from major firms such as Ferrari, Hugo Boss, Philips, Continental, and Uniper set to dominate the agenda. Alongside, a series of economic releases including French industrial output and unemployment figures from Spain and Switzerland are eagerly awaited.

Market Movements at a Glance

At 8:00 am CET, the DAX saw a modest increase of 0.13%, while the British FTSE 100 and the CAC 40 advanced by 0.15% and 0.17%, respectively. In contrast, the Euro Stoxx 50 experienced a slight decline of 0.21%.

Currency Watch

The euro and the pound remained stable against the dollar, trading at $1.13194 and $1.132905, respectively, at 7:58 am CET.