European Equities Trade Mixed Amid Earnings and Economic Data

European equities showed mixed trends in Tuesday's premarket, influenced by the latest quarterly results from major companies including Deutsche Bank AG, Deutsche Lufthansa AG, Novartis AG, and Adidas AG. Investors are also keenly awaiting consumer confidence reports from Germany and the Eurozone, along with Spain's inflation data.

Market Movements

At 8:00 am CET, the DAX rose by 0.39%, while the FTSE 100 gained 0.25%. The CAC 40 remained flat, and the Euro Stoxx 50 saw a slight decline of 0.17%.

Currency Fluctuations

The euro depreciated by 0.33% against the dollar at 7:57 am ET, trading at $1.13853. Shortly after, the pound sterling also fell by 0.27% against the US dollar, reaching $1.34070.