European Stock Indexes Gain Ahead of Key Economic Data Releases

Investors are keeping a close eye on the European markets as they show positive movement in the premarket trading hours. The anticipation of new data on the United Kingdom's housing market and manufacturing sector activity across the continent is driving the market's optimism.

Market Highlights: The DAX saw an increase of 0.18%, while the FTSE 100 improved by 0.56% at 8:00 am CET. The CAC 40 and Euro Stoxx 50 also advanced, with gains of 0.45% and 0.82% respectively. In the currency market, the euro and the pound both strengthened against the dollar, with the euro selling for $1.03639 and the pound going for $1.25295 at 7:58 am CET.