Market

European Markets Edge Higher as Earnings and Key Data Releases Loom

European Stock Futures Show Modest Gains

On Wednesday, European stock futures experienced slight increases as investors awaited further earnings reports and data releases from the region. Attention is also directed towards the upcoming US CPI report, expected later in the day.

Market Movements

At 8:00 am CET, the DAX saw a rise of 0.19%, with the CAC 40 not far behind at a 0.10% increase. Meanwhile, the FTSE 100 and Euro Stoxx 50 remained steady, showing no change.

Currency Market Overview

In the currency markets, as of 7:59 am CET, the euro and the British pound held steady against the dollar, trading at $1.03586 and $0.80364, respectively.