European Markets Overview

European markets are poised for a mostly lower opening this Thursday, as investors digest a mixed bag of first-quarter earnings reports. Highlights include BNP Paribas and Sanofi, both reporting significant revenue increases of 12.5% and 10.8%, respectively. Meanwhile, Roche and Nestle also showcased growth, contrasting with Renault and Eni, which faced declines.

Market Movements

At 8:00 am CET, the DAX remained flat, while the British FTSE 100 dipped by 0.18%. The CAC 40 saw a slight decrease of 0.11%, and the Euro Stoxx 50 fell by 0.36%. Currency markets showed the euro gaining 0.19% against the US dollar, trading at $1.13362, and the pound rose by 0.10% to $1.32674.