European Markets Open Higher

As the European Central Bank (ECB) gears up for a pivotal decision on its key interest rates, major stock markets across Europe have opened higher. Anticipation is high for a potential 25 basis points cut, alongside keen interest in the United Kingdom's construction activity and the Eurozone's retail sales data.

Key Players and Performance

Significant movements were observed with Heidelberg Materials leading the charge with a 17.52% increase, while Entain and Stellantis also showed promising gains. The DAX, FTSE 100, CAC 40, and Euro Stoxx 50 all experienced notable upticks, reflecting a positive market sentiment.

Currency Movements

Meanwhile, the euro and the pound remained steady against the dollar, indicating a cautious optimism among investors as they await the ECB's decision and digest recent economic reports.