European Markets in Anticipation of Key Economic Data

As the European trading session began, stock indexes presented a mixed picture. Investors are keenly awaiting the release of crucial economic indicators, including the UK's February inflation figures and Spain's GDP data for the final quarter of 2024.

Index Performance at a Glance

At 8:00 am CET, the DAX saw a slight decrease of 0.08%, while the FTSE 100 experienced a modest gain of 0.14%. The CAC 40 wasn't far behind, marking a 0.08% loss, and the Euro Stoxx 50 remained unchanged, showcasing a flat trend.

Currency Movements

Currency markets showed little movement, with both the euro and the pound holding steady against the dollar. At 7:59 am CET, the euro was trading at $1.07867, and the pound at $1.29427, indicating a wait-and-see approach among traders.