European Markets on Edge After Easter Break

As the long Easter weekend concludes, European markets are showing signs of a lower open this Tuesday. Investors and traders are keenly awaiting the outcomes of the IMF-World Bank Spring meetings scheduled in Washington this week, which could influence market directions.

Market Movements in Early Trading

At 8:01 am CET, the FTSE 100 was observed down by 0.30%, signaling a cautious start. Similarly, the Euro Stoxx 50 saw a decrease of 0.72%, while Germany's DAX and France's CAC 40 were not far behind, losing 0.33% and 0.24% respectively.

Currency Fluctuations

The euro showed strength against the dollar, trading higher at 1.15354 by 8:02 am CET. Not to be outdone, the pound also appreciated by 0.24% against the greenback, reaching 1.34134 by 8:03 am CET.

With more developments expected, market participants remain on high alert for any signs that could sway the financial landscape in the coming days.