European Markets on the Rise

As the European Central Bank (ECB) gears up to announce its latest monetary policy decision, major European stock indexes have shown promising signs in the premarket hours this Thursday. Investors are on the edge of their seats, anticipating a rate cut by another 25 basis points.

Lufthansa's Financial Update

In corporate news, Lufthansa has unveiled its fourth-quarter and full-year earnings reports, shedding light on the airline's financial health amidst challenging times.

European Leaders Unite for Defense

Meanwhile, European leaders are convening in Brussels for a pivotal summit on defense. The meeting underscores the region's commitment to supporting Ukraine, highlighting the ongoing geopolitical tensions.

Stock Indexes and Currency Movements

At 8:00 am CET, the DAX saw a 0.55% increase, while the FTSE 100 added 0.40%. The CAC 40 and Euro Stoxx 50 also experienced gains, improving by 0.52% and 1.18%, respectively. Currency markets remained steady, with the euro and pound trading flat against the dollar at 7:59 am CET.