European Markets Edge Higher in Premarket Trading

As the new trading week begins, European stock markets are showing modest gains, with investors closely watching for key earnings reports and economic data releases across Europe and the US. Today's focus is on Spanish retail sales data, which could provide insights into consumer spending trends.

Market Movements: At 8:00 am CET, the DAX advanced by 0.24%, while the CAC 40 gained 0.14%. The Euro Stoxx 50 and the FTSE 100 traded flat, indicating a cautious optimism among investors. Currency markets remained stable, with the euro and the pound showing little movement against the dollar, trading at $1.13737 and $1.33142, respectively.