Market Overview

Major European stock markets experienced a downturn at Thursday's opening, as investors carefully analyzed the latest quarterly earnings from leading companies including Renault Group, Nestle, Roche, Sanofi, Eni, BNP Paribas, and Unilever.

Economic Indicators

Amidst the financial reports, the French statistical office highlighted a slight improvement in consumer confidence for April. Meanwhile, anticipation builds for the German Ifo Institute's upcoming business confidence report.

Market Performance

By 9:00 am CET, the DAX had fallen by 0.18%, the FTSE 100 by 0.11%, the CAC 40 by 0.23%, and the Euro Stoxx 50 by 0.45%.

Currency Movements

The euro appreciated by 0.32% against the dollar, reaching $1.13519, while the pound saw a 0.16% increase, trading at $1.32745.

Stay tuned for further updates...