Premarket Trading in Europe

On Monday, major European stock exchanges experienced a decline during the pre-market session, driven by anticipation of key economic data releases. Investors eagerly await reports on composite PMIs from France and Germany, as well as the latest CPI data from Italy.

Stock Market Performance

At 8:00 am CET, the DAX index slipped by 0.10%, the CAC 40 fell 0.21%, and the FTSE 100 declined 0.12%. Meanwhile, the Euro Stoxx 50 traded 0.15% lower, reflecting a cautious market sentiment.

Currency Movements

In currency markets, the euro showed a slight improvement, gaining 0.16% against the dollar to trade at $1.05138. Simultaneously, the pound sterling increased by 0.12%, reaching $1.26341.